Watching the Golden Globes and Academy Awards are much more fun with friends. So give them a call, have them bring over their favorite snack, and enjoy the evening of star gazing and fashion together.
Make the night a little more exciting by having your own competition. Print out a listing of all the nominees and before the party starts have each guest fill out who they think will win.
As the night progresses be sure each person keeps track of their score. At the end of the night you can give a fun little prize to the people with the two highest scores.