The MTV Movie Awards 2012 will be live streamed from 9 p.m. ET and millions are expected to tune in online as well as on TV. Please scroll down for a LIVE STREAM.
Russell Brand has been tapped to host this year's awards, promising his fans the event will be "more impressive than 'The Avengers.'"
"This MTV Movie Award will be more impressive than 'The Avengers' and you won't have to wait an hour for someone to Hulk out," said Brand.
The 36-year-old is the "perfect" choice for hosting the film awards because of his "rock 'n' roll sensibility and fearlessness," MTV said on Thursday.
"With his amazing ability to span the full spectrum of comedy from the most high to low brow, Russell's smart, unpredictable wit uniquely connects him to our audience," said MTV President Stephen Friedman in a statement.
"His rock 'n' roll sensibility and fearlessness give us the perfect partner with whom to take a leap of faith with as we meld the worlds of movies and music together on one very special night," the executive added.
Presenters also include Andrew Garfield, Charlize Theron, Michael Fassbender, Mark Wahlberg, and Chris Hemsworth.
It has also been announced that rock legends Steven Tyler and Joe Perry of Aerosmith will be presenting Hollywood actor Johnny Depp with the prestigious Generation Award.
It appears as though MTV has chosen Tyler and Perry to present the award to Depp because they have been "chummy" with the actor for a long time. MTV has reported that the two rockers recently held an impromptu jam session at the after party for Depp's new movie "Dark Shadows."
MTV has also announced that it has organized for fellow rock band Black Keys to join in the festivities, and will be performing a "special rendition" of one of their biggest hits "Gold on the Ceiling."
The Generation Award has been described by MTV as: "the Movie Awards' highest honor, acknowledging an actor who can be counted on to engage the MTV audience with everything he or she does. Previous recipients include Reese Witherspoon, Sandra Bullock, Ben Stiller, Adam Sandler, Mike Myers, Tom Cruise and Jim Carrey."
"Bridesmaids" and "The Hunger Games" are leading by way of nominations, each listed in eight categories. Close behind are "Harry Potter and the Deathly Hallows, Part 2" and " 21 Jump Street," which were both listed in six categories.
A live stream to the MTV Movie Awards 2012 can be found below.
Alternatively you can watch exclusive behind the scenes footage by clicking HERE.