We've Got Hollywood Covered

Oscars 2013: The Stars Hit the Red Carpet

Jessica Chastain, Amy Adams, Channing Tatum among the early arrivals

The 2013 Academy Awards don't kick off until 5:30 PT, but Hollywood's brightest stars began making their way down the red carpet more than two hours ahead of time.

Getty ImagesNominees Jessica Chastain ("Zero Dark Thirty"), Benh Zeitlin ("Beasts of the Southern Wild"), Sally Field ("Lincoln"), Jessica Lawrence ("Silver Linings Playbook"), Amy Adams ("The Master") and Quvenzhané Wallis ("Beasts of the Southern Wild") are among the early arrivals.

Also showing up early, moguls like DreamWorks Animation chief Jeffrey Katzenberg and Co-Chair of Disney Media Networks Anne Sweeney and performers like Eddie Redmayne ("Les Misérables"), Jennifer Hudson and Kristen Chenowith.

Also read: The Complete List of Nominees

Many Oscar watchers are bracing for what has been described as one of the tightest races in the history of the awards.

Will "Argo" capture the Best Picture prize or could "Life of Pi" or "Lincoln" stage an upset? Is Daniel Day-Lewis on his way to an unprecedented third Best Actor statue for his uncanny portrayal of Abraham Lincoln? Can Chastain or Emmanuelle Riva ("Amour") stop Lawrence's momentum in the Best Actress category?

Also read: Signs Point to an 'Argo' Triumph, but Can You Trust the Signs?

And how will "Family Guy" creator Seth MacFarlane fare as host?

The producers of this year's Oscars are promising more music than previous shows, and they've lined up an impressive list of heavy hitters to keep the Dolby Theatre rocking — everyone from Adele, who will be singing the Oscar-nominated theme to "Skyfall," to Barbra Streisand, who will be performing on the program for the first time in three decades; reportedly, she'll sing "Memories" to accompany the In Memoriam segment of the show.

But with all of those musical acts, along with planned tributes to movie musicals and James Bond's 50th anniversary, this could rank among the longest show's in history. Will the hours fly by or will the show devolve into a glamorous endurance act?

The Oscars kick-off at 5:30 PT/8:30 ET. Keep checking back with TheWrap throughout the evening for all your awards news needs.