updated 02/26/2011 AT 8:00 PM ET
•originally published 02/26/2011 AT 8:30 PM ET
James Franco can breathe a tiny sigh of relief.
The Oscar host, who is also nominated for Best Actor at Sunday’s show, already won a best actor award this weekend – at the Independent Spirit Awards on Saturday.
“I just went through film school at NYU and finished my thesis film, so independent film means a lot to me,” said the actor, who was nominated for his role in 127 Hours as real life adventurer Aron Ralston, who had to sever his own arm when he got trapped under a boulder in 2003.
Natalie Portman, the heavily favored frontrunner for Oscar’s Best Actress award, took home the Spirit award for female acting for Black Swan, which also won for best picture and best director for Darren Aronosky on Saturday.