Top Five Tips for an Affordable, A-List Oscars Party

oscar statue - oscars party
oscar statue - oscars party

Create your own red carpet event for an Oscar-viewing party on Feb. 27. Celebrity event planner Mark Addison, who's worked with stars such as Kelly Ripa, Drew Barrymore and Queen Latifah, knows how to throw an Academy Award bash on a budget.

Addison shared his tips on how to make a viewing party both memorable and affordable: