Grab your shades! We hear it could be a bright red carpet at the Academy Awards.

In just five days the Oscar red carpet turns into the biggest fashion runway of the year!

“Extra’s” got your couture crystal ball at what Nicole, Penelope, Jessica and other A-listers may be rocking this weekend.

Plus, the stars will be dripping with diamonds this weekend, and "Extra" has a sneak peek at the jaw-dropping jewels.

Denzel Washington won big at the 39th annual NAACP Image Awards last night, taking top acting honors for "The Great Debaters" and celebrating the film's win as outstounding motion picture.

The period drama, which Denzel directed, also scored acting wins for Jurnee Smollett and Denzel Whitaker.

"I'm happy for everybody up here," Denzel said on stage at the Shrine Auditorium in L.A. "I'm very grateful for this one, but in particular, just happy that some of these young people are recognized for their work."

Janet Jackson was also a big winner last night, taking the supporting actress trophy for Tyler Perry's "Why Did I Get Married?" Perry's "House of Payne" television series also won outstanding comedy series.

Other major winners in TV were "Life Support," "Ugly Betty" and "Grey's Anatomy," with a win for Chandra Wilson for outstanding supporting actress.

Alicia Keys took home four awards, including outstanding music video, song, album and the oustanding female artist award.

Stevie Wonder was inducted in to the Awards' Hall of Fame and Aretha Franklin received the Vanguard Award.

Complete winners list:

Janet Jackson talked to "Extra" right after winning her Best Supporting Actress award at last night's NAACP Awards, and told us she was completely shocked by her win.

Plus, we broke news to Ms. Jackson about one of her "Why Did I Get Married?" co-stars!

Only "Extra" was invited inside the Deadline Photo Room at the 2008 Grammy Awards where stars take their first portraits with their prizes.

It was a red-hot show last night as Amy Winehouse and Kanye West cleaned up with nine Grammy Awards, and show-stopping performances rocked the stage for music’s biggest night.

A proud Alicia Keys went backstage with “Extra’s” own A.J. Calloway to talk about her eleven Grammy wins over the years.

“You are a superwoman,” A.J told her. “Yes I am,” Alicia sang back, grinning from ear to ear.

Keys opened up the night singing with the legendary Frank Sinatra, whose performance was synthesized on a big screen. She later jammed with John Legend to her Grammy-winning hit, “No One.”

Cher was another music legend who was all smiles backstage, still reeling from her candid interview with Gene Simmons on last Friday’s “Extra.” Her appearance was one of the Awards’ many show-stoppers, but she stayed humble about her talents.

“I first started singing when Lincoln was president," she quippped.

When being asked the secret to maintaining her age-defying looks, Cher joked, “I don’t know, because I’m a witch who sold my soul to the devil?”

There was no stopping Kanye West from carrying out an emotional Grammy tribute to his mom Donda last night.

During his acceptance speech for "Best New Album," Kanye began to dedicate his trophy to his mother, who he lost after she suffered complications from surgery. But music soon began to play, signaling him to leave the stage.

"It would be in good taste to stop the music now,” Kanye said without missing a beat.

The music quickly halted. He continued, "I know you're really proud of me right now, and I know you wouldn't want me to stop ... and mama, all I want to do is keep making you proud."

The rap star, who had been avoiding the spotlight since Donda's death in November, picked up four Grammy wins, including Best Rap Solo Performance for “Stronger," and Best Rap Performance By A Duo Or Group for "Southside."

In an emotional tribute performance, Kanye sang his hit song “Stronger,” then segued into a special version of “Hey Mama." The moving delivery brought the Grammy crowd to its feet.

Warner Music Group, home to labels such as Asylum, Atlantic, Bad Boy, Cordless, East West, Elektra, Lava, Nonesuch, Perfect Game, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word, hosted their annual Grammy after-party to honor their 107 collective Grammy nominations.

Click on an image to view the GRAMMY POST-PARTY photo gallery!

Kanye West and Amy Winehouse have taken the lead in Grammy wins, receiving some of the first trophies of the evening.

Winehouse takes the gold for Best New Artist, Best Female Pop Vocal Performance for "Rehab" and Best Pop Vocal Album for "Back to Black."

Best Female R&B Vocal Performance: Alicia Keys, "No One"

Best Rap Solo Performance: Kanye West, "Stronger"

Best Rap Album: Kanye West, "Graduation"

Best Male Pop Vocal Performance: Justin Timberlake, "What Goes Around...Comes Around"

Best Pop Performance By A Duo Or Group With Vocals: Maroon 5, "Makes Me Wonder"

Best Male R&B Vocal Performance: Prince, "Future Baby Mama"

Click on an image to view the GRAMMY AWARDS SHOW photo gallery!

Hollywood’s hottest stars are gearing up for music’s biggest night of the year, the 50th Annual Grammy Awards held at the Staples Center tonight in L.A.

Red carpets are rolling out for what is expected to be a star-studded affair, where music’s brightest stars will be taking the stage. Kanye West is reportedly making a special tribute performance to his mother and best friend, Donda, who died suddenly in November.

The show, airing at 8 p.m. on CBS, will feature electrifying duets from past and present music icons, celebrating half a century in the making.

A-list talent like John Legend, Fergie and Rihanna are scheduled to be rocking the mic, with expected appearances by Cher, Chris Brown and Carrie Underwood.

But who will take home a trophy?

Amy Winehouse and Kanye West lead the pack of hopeful nominees alongside fellow chart-toppers Justin Timberlake and Beyoncé, but with such an eclectic group of nominees it’s anyone’s for the taking!

Click on an image to view the GRAMMY AWARDS ARRIVALS photo gallery!

Sorry, Jackson fans. The King of Pop won't be making a special appearance at the Grammys.

"Extra" has learned that reports of a special performance Sunday night are false. The show's Executive Producer Ken Ehrlich has put an end to speculation, dismissing rumors that he's taking the stage.

Talk about a power lunch!

The Oscar Class of 2008 gathered for a star-studded afternoon at the Beverly Hilton yesterday for the Academy's annual Nominee's Luncheon, where A-listers like George Clooney, Javier Bardem, Amy Ryan and Marion Cotillard chatted in anticipation of Hollywood's biggest night.

An overwhelmed Ellen Page, nominated for "Juno," still couldn't believe she had a seat at the table with Hollywood's best and brightest.

"It's pretty darn surreal," she told "Extra." "Hard to wrap your head around for sure!"

Casey Affleck, a Best Supporting Actor nominee for "The Assassination of Jesse James by the Coward Robert Ford," is still wrapping his head around his football team's Super Bowl loss, calling the Patriots' defeat "a fluke."

"I was heartbroken," he admitted.

"Extra" was with George Clooney at yesterday's Oscar Nominees Luncheon, where he talked to us about adoption! Would he ever follow in the footsteps of his buddies Brad and Angelina?

Plus, what he's saying about his latest Oscar nomination.

Wearing what she called the "tightest dress ever," Eva Longoria hit the red carpet at the SAG Awards with a mission: to end all rumors of a pregnancy!

Brad Pitt and Angelina Jolie lit up the red carpet at the SAG awards, but it was Angie's free-flowing gown that really stole the spotlight.

Watch the video to decide for yourself if Angelina is really pregnant!

Hollywood finally got to rock the red carpet at the SAG Awards with glitz, glam and gorgeous gowns.

Brighter was better for Kate Beckinsale, who wore a yellow Louisa Beccaria gown.

"I keep laughing because my daughter says I look like Tweety!" she confessed.

Vanessa Williams, in Escada, got everyone's attention.

"There's a lot to pay attention to!" Vanessa joked.

Ellen Pompeo was a knockout in Ninna Ricci, while "Samantha Who?" star Christina Applegate stole the show in a stunning silver Elie Saab.

"I like shiny things," Christina told "Extra."

Teri Hatcher was a princess in a Badgley Mischka print gown. "I've never worn prints before!" she said. "Prints are in for spring."

Amanda Bynes looked all grown up in Marchesa, but the L'Oreal Paris Style Award went to Eva Longoria in Naeem Khan.

"My dress is so tight, I can't do anything!" she confessed.

Debra Messing glowed in gold Oscar De La Renta, winning the Best Hair and Makeup Awards, while marvelous Marcia Cross swept away "Extra's" Best Jewelry Award with her shimmering bracelets.

And the Best Couple Award? The McSteamy's! Eric Dane and Rebecca Gayheart simply lit up the red carpet.

"That gives us more confidence to walk down the red carpet," Eric told "Extra."

Click on an image to RATE BEST DRESSED!