'Slumdog Millionaire' Wins Big at Oscars

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Traffic in Hollywood was stalled during this morning's rush hour as the sets were being deconstructed at the Kodak Theater. The Nielson ratings for last night's Oscars were 6% better than last year's. But the big news for Hollywood could be the arrival of Bollywood. Slumdog Millionaire scored eight Oscars last night, including Best Picture and Best Director, as well as Best Score and Best Song for composer A.R. Rahman. Management consultant and entertainment commentator Gunjan Bagla calls it a great acknowledgement of Indian culture.

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Warren Olney