The Oscars are making room for one more award on their live broadcast in 2026. The new prize for achievement in casting will be part of the 98th Academy Awards in March, the academy told The Associated Press on Wednesday.

Debbie Allen, one of the honorees at the Academy Governors Awards Gala, reveals she celebrated and danced with fellow honoree Tom Cruise last night while chatting with THR on the carpet. Plus, she shares where she plans to put her Oscar!

NBC News obtained a copy of an email the academy sent members that provided guidance on what steps they need to take ahead of the final voting deadline.

Leonardo DiCaprio, Jennifer Lawrence, Ariana Grande, Sydney Sweeney and other 2026 Academy Awards hopefuls walked the black carpet at the Governors Awards, where Tom Cruise, Debbie Allen, Dolly Parton and Wynn Thomas received honorary Oscars.

The Academy's annual Governors Awards were attended by the likes of Ariana Grande, Cynthia Erivo, Lucy Liu, Jeremy Strong and many others.