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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition World Hollywood ready for Oscars coronation AFP - 2 hours 39 minutes ago Send IM Story Print Hollywood ready for Oscars coronation Slideshow: Hollywood HOLLYWOOD (AFP) - – Hollywood holds its biggest night of the year Sunday, as the annual Oscars coronation gets underway with two very different front-running films vying for top honors. British royal drama "The King's Speech" was seen as a major contender for Best Picture, buoyed by glowing reviews and a bevy of other awards seen as accurate barometers of Oscars glory. The movie, nominated for 12 Academy Awards -- including best actor for Colin Firth -- has been tipped by some critics as a shoo-in for best picture. It faces stiff competition, however, from the crowd-pleasing Facebook flick "The Social Network," deemed one of the year's must-see films, which is nominated for eight awards. Facts: The 2011 Oscars in numbers With hours to go before the annual awards mega-bash, stars were fine-tuning their acceptance speeches -- fingers crossed -- and preparing to don their gowns and tuxedos for the Oscars red carpet. And while "The King's Speech" is the frontrunner, no one is taking anything for granted as rivals, including Western remake "True Grit" and boxing movie "The Fighter," vie for Oscars glory. That said, Firth is considered all but certain to be named best actor for his portrayal of Britain's King George VI, helped by Australian voice coach Lionel Logue -- played by Geoffrey Rush -- to overcome his crippling stammer. David Fincher could well be named best director for "The Social Network," which tells the story of how Mark Zuckerberg created the game-changing website from a controversial start while a Harvard student, some critics say. "The Social Network" started the awards season as favorite, taking four Golden Globes in January. But the British royal film has since swept up a series of prizes, both in the United States and at Britain's BAFTAs. On Sunday, the 10-strong shortlist for best film also includes hi-tech thriller "Inception," "127 Hours" -- a true story about a hiker forced to amputate his own arm -- and "Toy Story 3," widely tipped as best animated feature. The Academy of Motion Picture Arts and Sciences last year decided to expand the best-picture category from five films to 10 in order to better reflect the most popular movies. Last year, the little-seen indie film "The Hurt Locker" walked away with Best Picture honors, while the much-nominated "Avatar" -- the highest-grossing film of all time -- lost out. Actors James Franco and Anne Hathaway will host the Oscars show. The awards weekend also provides an excuse for endless festivities, ranging from Elton John's traditional bash in west Hollywood to one reportedly co-hosted by Madonna and Demi Moore. Once the big show is over, the real fun starts: Oscars after parties -- and after after parties -- go on well into Monday, as Hollywood recovers from its annual awards season binge. The best foreign film contest is between Mexico's "Biutiful" -- whose star Javier Bardem is also up for best actor -- "Dogtooth" from Greece, Denmark's "In a Better World," "Incendies" from Canada and Algeria's "Outside the Law." Meanwhile, winners were announced Saturday for the annual Golden Raspberries, or Razzies, for worst movies of 2010 -- with martial arts fantasy flick "The Last Airbender" nearly sweeping the board. "Airbender," a box office hit but a critical miss, took the Razzie for worst movie, worst director, worst screenplay and worst supporting actor, as well as the useful new category of Worst Eye-Gouging Mis-Use of 3D. "Sex and the City 2" -- which has earned $290 million -- earned worst ensemble Razzie and the worst actress award, jointly bestowed on the stars Sarah Jessica Parker, Kristin Davis, Kim Cattrall and Cynthia Nixon. Worst actor went to Ashton Kutcher, for his performance in not one but two films last year: "Killers" and "Valentine's Day." Recommend Send IM Story Print Related Articles US-ENTERTAINMENT Summary Reuters - 1 hour 29 minutes ago Elizabeth Taylor spends 79th birthday in hospital Reuters - 1 hour 29 minutes ago "Gnomeo & Juliet" climbs to top of box office Reuters - 1 hour 47 minutes ago Hollywood ready for Oscars coronation AFP - 2 hours 39 minutes ago Hollywood shines up for the Oscars Reuters - Monday, February 28 News Search Top Stories The whimsy and menace of Moamer Kadhafi World tells Kadhafi to quit Russia could 'lose $4 bn' in Libya arms deals India bat against England in W. Cup clash China targets 7% growth, to rein in inflation: Wen More Top Stories » Related Full Coverage Hollywood NewsGet the latest Hollywood news All Full Coverage » ADVERTISEMENT Most Popular Most Viewed 'Runaway millionaire' arrested in NZ: police US billionaire Buffett ready for more takeovers Oral sex linked to cancer risk Full house at space station as Discovery docks Russia could 'lose $4 bn' in Libya arms deals More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! 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