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Melissa Leo Wins First Oscar at Academy Awards

Melissa Leo accepts the Oscar for best actress in a supporting role for "The Fighter" at the 83rd Academy Awards on Sunday, Feb. 27, 2011, in the Hollywood section of Los Angeles.

Melissa Leo has won the first award presented Sunday at the 83rd Academy Awards ceremony, honoring the best films of 2010 ((as determined by the U.S. Academy of Motion Picture Arts and Sciences)).

Leo won the Oscar for Best Supporting Actress for The Fighter in Los Angeles.

Her co-star, Christian Bale, won The Best Supporting Actor award for his role in The Fighter.

Danish film In a Better World won the Best Foreign Language Film Oscar. It beat out films from Mexico, Greece, Canada and Algeria.

The award for the Best Animated Feature went to Toy Story 3.

The British royal drama The King's Speech, leads with 12 nominations, including best picture and best actor. British film star Colin Firth plays the leading role, King George VI, who in the 1930s struggles to successfully overcome a crippling stammer. Both Firth and the movie are favorites to win Oscars.

Another front-runner for best picture is The Social Network , which tells the story of the founder of Facebook, Mark Zuckerberg, as his creation becomes a global phenomenon and legal battles follow. The movie was an early favorite after winning four Golden Globe awards last month. It has eight Oscar nominations.

2011 Nominees for Best Picture

  • Black Swan
  • The Fighter
  • Inception
  • The Kids Are All Right
  • The King's Speech
  • 127 Hours
  • The Social Network
  • Toy Story 3
  • True Grit
  • Winter's Bone

The Social Network 's Aaron Sorkin won its first Oscar of the night for Best Adapted Screenplay.

While The King's Speech got it's first award for David Seidler's Best Original Screenplay

The best actress Oscar is expected to go to Natalie Portman, who plays the leading role in Black Swan , the story of a troubled ballerina.

Among the nominees for best foreign film is Mexico's Biutiful, whose star, Javier Bardem, also is in competition for best actor.

Hosting this year's Academy Awards are actors James Franco and Anne Hathway. Franco stars in another movie up for best picture, 127 Hours, telling the true story of a mountain hiker who gets trapped and is forced to amputate his arm in order to save his life.