Leonardo DiCaprio
Leonardo DiCaprio attends the EE British Academy Film Awards at The Royal Opera House on Feb. 14, 2016, in London. Fans will be watching to see if the actor wins his first Oscar at the Academy Awards on Sunday. John Phillips/Getty Images

Sunday is the 88th Academy Awards on ABC. From live performances to the two dozen awards set be handed out, there is a lot happening during Hollywood’s biggest night. Where can fans watch all of the action?

After nearly three hours of red carpet hoopla, the actual Oscars ceremony begins at 8:30 p.m. EST. The telecast will air live on ABC from the Dolby Theater in Los Angeles, with Chris Rock hosting the big event. Viewers who cannot watch on traditional television can tune in to the live stream on Watch ABC and the Watch ABC app in select markets — Chicago; Fresno, California; Houston; Los Angeles; New York City; Philadelphia; Raleigh-Durham, North Carolina; and San Francisco.

In addition to the regular Oscars broadcast, fans watching through Watch ABC and the Watch ABC app will have access to special “Backstage” content, featuring behind the scenes footage and live reactions from the winners as they step off the stage after their speeches.

So, who will be making those victory speeches? The awards for Best Actor and Best Actress this year appear to be locks. Leonardo DiCaprio has won every major award so far this awards season for "The Revenant," while Brie Larson has done likewise for her role in "Room." The Oscar would be a long overdue honor for DiCaprio, who has been nominated four previous times and left empty-handed each time.

As for the coveted best picture Oscar, while fans might be rooting for "Mad Max: Fury Road," it looks like a showdown between "The Revenant" — which won top honors at the Golden Globes and the Directors Guild Awards — and "Spotlight," which was the big winner at the Critics Choice Awards and the Screen Actors Guild Awards. However, "The Big Short" could still serve as a spoiler after winning the Producers Guild Award for Best Picture.

With all the viewing options, there is no excuse for fans to miss a moment Sunday. Be sure to check back here for coverage of all the best speeches, winners and performances.