Oscar-mania.

In most awards in life, there are winners and losers. I don`t think this can be really be said for Hollywood because even if an actor/actress doesn`t win a little golden man, they are still ridiculously rich and that`s pretty much a win.
The 85th Academy Awards Ceremony (officially re-branded as The Oscars this February) has had media networks buzzing for the past 24hours+.

Daniel Day-Lewis won Best Actor for his lead role in Lincoln (as Lincoln) making Oscar history, as he is the only man to win 3 Oscars for best actor- My Left Foot (1990), There Will Be Blood (2008). 
The only other man to come close to this achievement is Jack Nicholson, with two Best Actor awards- One Flew Over The Cuckoo`s Nest (1975) and As Good As It Gets (1997) and one Best Supporting Actor award- Terms of Endearment

*Katherine Hepburn is the only person to have ever received four Best Actress Awards - Morning Glory (1933), Guess Who`s Coming To Dinner (1967), The Lion In Winter (1968), On Golden Pond (1981), 

Jennifer Lawrence won Best Actress for her lead role in Silver Linings Playbook, in which she plays a recovering sex addict. I have recently come across a massive fan base for Miss Lawrence online and having watched a few interviews and her general presence when on camera, I find her pretty entertaining
Have a look:  http://www.buzzfeed.com/kmallikarjuna/the-best-jennifer-lawrence-quotes-of-2012

Best Supporting Actor award went to Christoph Waltz for his role as a bounty hunter in Django Unchained.

Best Supporting Actress was won by Anne Hathaway for her role in Les Miserables

Ang Lee`s, Life of Pi, won Oscars for Cinematography, Directing, Music (original score) and Visual Effects.

Argo won Best Picture. Directed by Ben Affleck, it follows the story of six American diplomats during a hostage crisis in Iran. Additionally, Argo won the film editing award.