It wouldn't be a Hollywood event without the red carpet fashion!
Kate Winslet's red Elie Saab gown had a plunging neckline, while Lea Michele's red Marchesa featured a striking bare back.
Kathy Griffin looked great in a red Oscar de la Renta, and Martha Plimpton was radiant in her red beaded gown.
Sofia Vergara was sexier than ever in a coral gown by Vera Wang.
"I love that Sofia, like Kate Winslet, they dress for their curves, they're sexy, they have women's bodies and they're not afraid to show it off," said fashion expert Lawrence Zarian.
Vergara's Modern Family co-star Sarah Hyland chose a similar color.
"Christian Siriano and I collaborated on a dress together, so it's one of a kind," she told INSIDE EDITION's Jim Moret. "I gave him my ideas, I chose the color, all that kind of stuff."
Metallic and beaded gowns were another hot trend of the night.
"Christina Hendricks is out there and proud, she is such a voluptuous beauty, looking amazing," said Viviana Vigil, anchor of Hollywood Dailies.
30 Rock's Jane Krakowski, who recently gave birth to a baby boy, was in J. Mendel, and Maria Bello wowed in Kaufman Franco.
"It's really fun to play Cinderella because I have a 10-year-old and I wear flip-flops and jeans all day," she said.
INSIDE EDITION's Deborah Norville followed the metallic trend with a dress by Lela Rose.
Necklines have never plunged deeper; leading ladies chose daring dresses that dipped practically to their waists.
Another standout was the star of the new Charlie's Angels, Minka Kelly, who looked heavenly in a lacy blue dress by Dior.
"Navy and blue are going to be the hottest trends that we're going to see for fall, holiday, heading right into the new year," said Zarian.
The Big Bang Theory's Kaley Cuoco revealed how she found her perfect dress:
"It was the first dress I tried on. I tried on forty and then I went back to the first one and that's happened to me many times so that's my advice to girls, go with your gut," she said.
The Office's Phyllis Smith looked lovely in clothes simply chosen from her closet.
"Nothing wrong with shopping the closet, my friend!" Norville told her.
Gwyneth Paltrow missed the mark with her belly-baring Pucci gown, and blue didn't work well for Katie Holmes. Her tank top-inspired gown by Calvin Klein was just too simple.
Laura Linney's long-sleeved mini dress also failed to impress.
Zarian said, "To me, the biggest disappointment on the red carpet was Laura Linney. Very simple. When you're nominated, I say knock it out of the park, and dress to impress."