DiCaprio finally wins an Oscar after 6 nominations
What's the story
The award for the Best Actor in a Leading role went to Lenoardo DiCaprio for "The Revenant", his first win ever.
The other nominees included Bryan Cranston for "Trumbo, Michael Fassbender for "Steve Jobs", Matt Damon for "The Martian" and Eddie Redmayne for "The Danish Girl".
The award for the Best Actor in a Supporting role went to Mark Rylance for "Bridge of Spies".
Origins
The Academy Awards
Hosted by the Academy of Motion Picture Arts and Sciences, the Academy Awards is an annual American awards ceremony honouring excellence in cinematic achievement in the film industry.
The Academy's voting membership elects the winners.
The first Academy Awards ceremony was held on 16 May 1929 with a tiny audience of just 270 people.
Today, more than 44 million people worldwide watch the ceremony.
Presenters
The presenters and performers at the Oscars 2016
The Academy Awards sees some of the biggest names in the global film industry.
The 88th Academy Awards was hosted by Chris Rock, with huge names like Kate Winslet, Morgan Freeman, Whoopi Goldberg, Benecio Del Toro, Jared Leto, Charlize Theron and India's very own Priyanka Chopra, among others, handing out awards.
Musical performances included those by Lady Gaga, Sam Smith, The Weeknd among others.
Controversy
Host Chris Rock calls Hollywood racist
Chris Rock, the host of the 88th Academy Awards, said, "Is Hollywood racist? You're damn right Hollywood's racist!"
He elaborated by saying that Hollywood was not "burning cross racist", but "sorority racist".
Calling the Oscars "the White People's Choice Awards", he concluded by saying, "Give black actors the same opportunities as white actors...Leo gets a great part every year. What about Jamie Foxx?"
Speeches
Acceptance speeches cut short to reduce run time
Due to complaints from the audience regarding the huge run time of the Academy Awards ceremonies, this year, the Academy has asked participants to cut short their acceptance speeches.
Instead, the nominees (and eventual winners) have been asked to prepare a list of people they would like to thank which would be displayed at the bottom of the screen during their acceptance speeches.
Other
Winners in other categories
"Mad Max: Fury Road" bagged 6 awards in the categories of Best Sound Mixing, Best Sound Editing, Best Production Design, Best Film Editing, Best Makeup and Hairstyling, and Best Costume Design.
Emmanuel Lubezki won the Best Cinematography award for "The Revenant", his third consecutive win.
"The Hateful Eight" won the Best Original Score award, and "Inside Out" won the "Best Animated Feature Film" award.
Actress
The Best Leading and Supporting Actresses
The award for the Best Actress in a Leading Role went to Brie Larson for her role in "Room".
The other nominees for the award were Cate Blanchett for "Carol", Jennifer Lawrence for "Joy", Charlotte Rampling for "45 Years" and Saoirse Ronan for "Brooklyn".
The award for the Best Actress in a Supporting Role went to Alicia Vikander for "The Danish Girl".
Movie
The awards for Best Picture and Best Director
The award for the Best Picture went to "Spotlight", directed by Tom McCarthy.
The other nominees included "The Revenant", "The Big Short", "Mad Max: Fury Road", "Bridge of Spies, "Brooklyn", "The Martian" and "Room".
The award for the Best Director went to Alejandro González Iñárritu - his second win. Iñárritu had bagged both the Best Picture and Best Director awards for "Birdman" last year.