He said, "In this industry, we have the rare luxury of getting to do what we love for a living, and sometimes getting to do it with people who we come to love. And since tonight is a celebration of the work and the accomplishments of our community in this past year, it is only fitting then that we celebrate those we've lost."
John continued, "Who dedicated their lives to their craft, both in front of and behind the camera; through their immeasurable contributions, each of them left an individual and indelible mark that shared and informed us. They've touched our hearts, they've made us smile, and became dear friends, who we will always remain hopelessly devoted to."
Olivia died at the age of 73 after fighting breast cancer for a number of years. John's wife, Kelly Preston, also died from the same disease.
There is more in the video below.
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