Jimmy Kimmel sure knows how to celebrate the Oscars ... that is, by getting Hollywood's biggest stars to act completely ridiculous!

Sunday night, the talk show host debuted his sequel for "Movie: The Movie" with "Movie: The Movie: 2V."

In the hilarious parody (which spoofs such blockbusters like "The Avengers" and "Les Miserables") we see cameos from stars like Rachel Weisz, Jessica Chastain, Armie Hammer, Jude Law, Gerard Butler, Bryan Cranston, John Krasinski, Bradley Cooper, Kerry Washington, Bruno Mars, Matt Damon, Salma Hayek, Amanda Seyfried, Channing Tatum and Samuel L. Jackson! And you'll never guess who plays the president! Impressive, right?

Don't worry, it's way better than any Gary Marshall flick (i.e. "New Year's Eve" and "Valentine's Day").

Props to Kimmel, he always brings the laughs -- and it definitely pays to have friends in high places!

Our favorite cameos have to be Damon (who Jimmy loves to roast), Cranston and Tatum. Which star was you favorite in the trailer? Sound off below!

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