I’m not watching the Oscars, but I’m sure that with James Lipton doing play-by-play, they are absolutely scrumtrelescent. (Using the official Wiktionary spelling).
Personally I think it’s even more scrumtrulescent to spell it with a second “u”.
And it’s cool how if you type in “scrumtrulecent” in Wikipedia it redirects to James Lipton.
That is ABSOLUTELY SCRUM-tru-LES-cent.