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CNN Today

CNN 20: The Oscars

Aired March 27, 2000 - 3:34 p.m. ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

(BEGIN VIDEOTAPE)

LAURIN SYDNEY, CNN CORRESPONDENT: Well, what happens is for the Oscars it's a very long day. You're out there at 7:00 a.m., which means you wake up to put the stuff on your face and do something to your hair at 5:00 a.m., and you start broadcasting since we're live around the world at 7:00 a.m.. The Oscars start, I believe, at 5:30. You sort of sit back and think, another year, another long day, and then it happens.

JIM MORET, CNN CORRESPONDENT: Right now above and below this plaza is a reporter's dream.

SYDNEY: Start to come down the red carpet. Each and every year you have to pinch yourself because there's always an old timer there. There's always going to be a Kirk Douglas or Sophia Lauren or someone that just walks down and you just can see the charisma in the air, and then you know why it's the Oscars. You know why it's the number one media event in the world and it's fascinating.

It's the one event that I don't think is overhyped. You know, the fans are there because the fans want to be there. People care and I think we're no longer embarrassed to care. It's the number one exploit in the United States for entertainment.

(END VIDEOTAPE)

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