CLEAN : Preparations for Oscars carry on despite r

The video begins with technical issues related to pre-drilling, followed by a discussion on Oscar coverage, including presenters and predictions for winners. The focus is on the best picture category and red carpet highlights. The transcript ends with unrelated and unclear content.

What is the general atmosphere expected during the Oscars night?

What is the significance of the dresses worn at the Oscars according to the text?