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By this time, the after parties are probably over, but for the winners the excitement no doubt continues from the 85th Academy Awards.

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It was seen around the world. 

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And anyone watching would have witnessed what the Oscars have become famous for: 

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the winners, losers, elaborate dresses, off-color jokes and moments that veer off script.

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Nischelle Turner has more.

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And now for the moment we have all been waiting for.

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First lady Michelle Obama gave the Oscars a jolt of excitement and a huge surprise when she appeared from the White House to announce the night's biggest prize, Best Picture.

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And the Oscar goes to Argo.

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It was an especially sweet victory for Ben Affleck, who wasn't even nominated for directing the Iranian hostage thriller.

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I thank everyone in the movie, on the movie, worked on the movie, did anything with this movie.

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Life of Pi, based on the best-selling novel about a boy adrift at sea with a tiger, 

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won the most Oscars, four, including Best Director for Ang Lee.

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Thank you, Academy. Xiexie. Namaste.

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He played one of the greatest presidents in history,

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and Lincoln's leading man, Daniel Day-Lewis, made history of his own becoming the first male actor to win three Oscars.

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I'm so grateful to the academy for this beautiful honor.

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She took a tumble heading to the stage, but everyone else was on their feet when Silver Linings Playbook's Jennifer Lawrence won for Best Actress.

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You guys are just standing up because you felt bad I fell and that's really embarrassing.

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And the quest to make Tommy Lee Jones laugh begins now.

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Host Seth MacFarlane struck a cheeky tone from the beginning, skewering stars and poking fun at himself during a visit from Captain Kirk.

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"Seth MacFarlane worst Oscar host ever." It's that bad?

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Uh-huh, uh-huh.

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Music though was the theme of the night and the show boasted full-throated performances from the casts of Chicago, Dream Girls and Les Miserables.

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And music was the memorable part of Oscar's 50th anniversary tribute to James Bond.

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Shirley Bassy got a standing ovation after belting out "Goldfinger," 

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while chart-topper Adele sang the latest 007 theme, "Skyfall," which won the Oscar for Best Song.

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Barbara Streisand returned to the Oscar stage to sing "Memories," and indeed the night's biggest winner remembered his last time earning Oscar gold.

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I was here 15 years ago or something. And I went out and I never thought I would be back here, and I am.

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And it doesn't matter how you get knocked down in life, because that's gonna happen. All that matters is you got to get up.