Hollywood icon Tom Cruise was honored with a long-overdue Oscar at the Governors Awards on Monday, celebrating his long, illustrious career in Hollywood. In a powerful speech, the 63-year-old Mission Impossible star reflected on the magic of cinema, the teams behind his legendary stunts and his lifelong commitment to the big-screen experience. The night also recognized Wynn Thomas, Debbie Allen and Dolly Parton, with a star-packed room setting the tone for the upcoming Oscars season. Watch this video for more.

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