The action-packed program will also showcase a team of fashion-savvy folks dressed to impress as part of this year's Costume Institute Gala theme, "In America: An Anthology of Fashion." Among those set to provide their expert commentary are Emmy-nominated television host Karamo, E! style correspondent Zanna Roberts Rassi, pop culture panelist Camille Kostek, fashion expert Phillip Picardi and red carpet correspondent Naz Perez. Together, they'll deliver the most extensive multi-platform content on-air, on digital and across mobile and social from New York City's Jazz at Lincoln Center.

The red carpet will be taking place once again at the Barker Hangar in Santa Monica, California. As always, Laverne will ask celebrities—including this year's Icon Award recipients Ryan Reynolds, Lizzo and Shania Twain—every question fans are dying to know, from their red carpet fashion inspiration to their favorite career memories to details on their upcoming projects and more.

In addition to Laverne, a panel featuring Emmy-nominated TV host Karamo, E! style correspondent Zanna Roberts Rassi and pop culture expert Naz Perez will help break down the best red carpet looks and celebrity appearances, as well as tease what's in store for this year's ceremony, hosted by Kenan Thompson.