Ben Affleck's Argo wins Best Picture Oscar

Hollywood - Ben Affleck's Iran hostage drama Argo on Sunday took home the Oscar for Best Picture, in a unique presentation done by Jack Nicholson in Hollywood and First Lady Michelle Obama by videolink.

Argo bested eight rivals for the top prize: Amour, Beasts of the Southern Wild, Django Unchained, Les Miserables, Life of Pi, Lincoln, Silver Linings Playbook, and Zero Dark Thirty.

On Nicholson's cue, Obama - in a glittering silvery gown as stunning as any worn by the stars inside the Dolby Theatre in Hollywood-- opened the envelope at the White House and declared Argo the winner.