Red Carpet Buzz: Lily Collins

Who: Lily Collins

What: Wondercon Priest screening on Friday

Wear: Yigal Azrouël resort 2011 dress

Lily Collins, having made her acting debut inThe Blind Side, has moved on to the vampire horror movie Priest, playing opposite True Blood heartthrob Stephen Moyer. For the screening she wore a silk Yigal Azrouël mini dress with cut out shoulders. We love how the textures of water form a silk and leather look that is positively decadent. The cut-out leather adds a dash of sex appeal to the demure shift shape of the dress, and the black leather inset highlights her svelte figure. Collins keeps the whole look sleek with minimal accessories and nude heels.

Red Carpet Buzz: Mila Kunis

Who: Mila Kunis

What: Cosmo's Fun Fearless Males of 2011

Wear: Boca Negra suit, Christian Louboutin shoes, Ferragamo clutch, Caleo pinch earrings

Leaving the ballet slippers behind, the Black Swan actress paired Louboutins with a svelte all-white Boca Negra suit earlier this week. Despite her choice of a menswear-inspired get up, the 27-year-old actress looked elegant with her hair swept to the side, flashing Caleo earrings. Kunis was awarded Fun Fearless Female at Cosmopolitan's Fun Fearless Males of 2011 event stating, "I'd like to think I'm fun and fearless, but I think I have my days where I'm probably really scared and not so much fun. But I'd like to think I take risks and take chances and enjoy my life."

Up next for Kunis: a film with Justin Timberlake, Friends with Benefits, which hits theaters in July.

Oscar winner Bier switches gears with Brosnan

The next project for Danish director Susanne Bier, who won the Best Foreign Language Film Oscar for In a Better World, is a romantic comedy, All You Need Is Love, starring Pierce Brosnan.

Bier's Oscar-winning drama focused on youth violence. Her film Brodre was adapted in English as Brothers, a war drama starring Jake Gyllenhaal, Tobey Maguire and Natalie Portman. Also, she filmed Things We Lost in the Fire, her English-language debut about a broken family.

Bier told Italian newspaper La Repubblica, "It's a tender story with a much lighter atmosphere than my previous works; enough with conflicts."

Brosnan called the new project a "delightful love story" mixing the serious and humorous. She wrote the screenplay with Brosnan in mind for the lead role, though the story centers on a Danish family. His next project is the religion-themed comedy Salvation Boulevard.

All You Need is Love begins production in Amalfi in spring.

Oscor Red Carpet

Bollywood actress Aishwarya Rai Bachchan arrives at the 83rd Annual Academy Awards held at the Kodak Theatre on February 27, 2011 in Hollywood, California

Anne Hathaway speaks onstage during the 83rd Annual Academy Awards held at the Kodak Theatre on February 27, 2011 in Hollywood, California.

 Actress Reese Witherspoon arrives at the 83rd Annual Academy Awards held at the Kodak Theatre on February 27, 2011 in Los Angeles, California.

 Singer Celine Dion arrives at the 83rd Annual Academy Awards held at the Kodak Theatre on February 27, 2011 in Hollywood, California.

Actress Elsa Pataky arrives at the Vanity Fair Oscar party hosted by Graydon Carter held at Sunset Tower on February 27, 2011 in West Hollywood, California.

In pictures: Hollywood's brightest on red carpet

Designer Valentino poses with Oscar co-host Ann Hathaway on the red carpet before the 83rd Academy Awards on Sunday, Feb. 27, 2011, in the Hollywood section of Los Angeles. -- PHOTO: AP

HOLLYWOOD - HOLLYWOOD'S brightest stars finally hit the red carpet on Sunday for the climax of its annual awards season, with British royal drama The King's Speech hoping to be crowned with Oscars glory.

Academy Awards co-host Anne Hathaway was among the first to arrive at the Kodak Theater, resplendent in a red strapless, big bustled dress likely to be the first among numerous costume changes in store during the evening.

'There's a lot more sucking in tonight,' said first-time nominee Jennifer Lawrence, 20, reflecting the mood as photographers snapped away at the parade of glittering gowns on the Hollywood Boulevard runway.

'It's unbelievable. I never played football, so this is the closest I'll get to the Super Bowl,' added Jesse Eisenberg, up for best actor for his portrayal of Facebook founder Mark Zuckerberg in The Social Network. The Oscars show is the culmination of the multi-billion movie industry's awards season and has been preceded by months or frantic campaigning for the coveted gold statuettes waiting to be handed out on Sunday night.

Ashraf Al-Khaled (left) and Carie Lemack of the film nominated for best short documentary, 'Killing in the Name', arrive at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Lisa Maria Falcone, executive producer for best picture nominee '127 Hours', wearing a dress by Zaldy Goco, arrives at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Cinematographer Matthew Libatique, nominated for best cinematography for 'Black Swan,' arrives with an unidentified guest at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Actress Halle Berry arrives at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Iain Canning (2nd from left), Emile Sherman and Gareth Unwin (right), producers of the film 'The King's Speech,' nominated for best picture arrive at the 83rd Academy Awards in Hollywood, California, February 27, 2011

Australian actress Jacki Weaver, best supporting actress nominee for her role in 'Animal Kingdom,' arrives at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Actress and presenter Cate Blanchett arrives at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Actors Robert Forrester (right) and Denise Grayson arrive at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Mandy Moore, who is performing the song from the film 'Tangled' nominated for best original song, arrives at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Academy Awards presenter Hilary Swank arrives at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

British actor Colin Firth, best actor nominee for his role in 'The King's Speech,' and his wife Livia Giuggioli arrive at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Aron Ralston, subject of the film '127 Hours,' and wife Jessica Trusty arrive at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Actress Scarlett Johansson talks with her agent Joe Machota as they arrive at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

Amy Adams, best supporting actress nominee for her role in 'The Fighter,' and her partner, actor Darren Legallo, arrive at the 83rd Academy Awards in Hollywood, California, February 27, 2011

Actress Sharon Stone arrives at the 83rd Academy Awards in Hollywood, California, February 27, 2011. -- PHOTO: REUTERS

The Social Network hopes it could yet dethrone the British film, nominated in 12 categories including best picture and best actor, which is widely expected to go to Colin Firth.

Ballet thriller Black Swan is also among a clutch of films hoping for one of the prestigious golden statuettes, with Natalie Portman in the lead for the best actress Oscar. Hosted by Hathaway and James Franco - in a bid to attract a younger audience - the show is expected to include music by Randy Newman, Gwyneth Paltrow and Britain's Florence Welch. -- AFP