The New Moon premiere is being broadcasted live from Los Angeles Monday night on MySpace.com.
Fans reportedly arrived at the premiere site starting on Thursday to see Robert Pattinson, Kristen Stewart, Taylor Lautner and the other cast members.
Twilight star Pattison said on the red carpet that people underestimate the movie, viewing it as a guilty pleasure. However he feels there is more to the popularity of the film.
There are so many millions of people that conect to the movie, he said on the My Space video feed tonight.
The Twilight saga debuts on November 20.