The first award of the night has been handed out, and it's for Christoph Waltz. He took home Best Supporting Actor for his work in Inglourious Basterds.

Christoph Waltz. (Getty Images)
He thanked first of all Quentin Tarantino, Brad Pitt, Diane Kruger, and everyone else within the film, including Universal and the Weinstein brothers. It was a moving speech, and a fine way to sstart the evening.

"There's no way I could ever thank you enough," said Waltz, "so let me start right now: thank you." Congrats to Waltz and all involved!

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