Winners, losers and celebrity fans came out to celebrate on Hollywood's biggest night.
Boxing flick takes home four awards, including Best Picture.
Martin Scorsese's Howard Hughes biopic nabs 11 nods.
Foxx nominated for 'Ray,' 'Collateral,' 'Redemption.'
The biopic 'Ray' shows him unchaining quite a few hearts.
Even the greatest actors can rarely fake a convincing piano solo.
Sarah Michelle Gellar flick rakes in another $22.4 million.
'Ray' portrayal is not so much a performance as an incarnation.
Singer tried out for Naomi Watts' part in 'I Heart Huckabees.'
Janet Jackson, Jermaine Dupri, Nick Cannon also walk red carpet.
Affleck, Gershon to star in indie drama 'Man About Town.'