A king and a Web kingpin face off at Golden Globes (AP)

BEVERLY HILLS, Calif. – Old-fashioned Oscar bait and youthful, edgy drama butt heads at Sunday's 68th annual Golden Globe Awards, where the regal 1930s saga "The King's Speech" and the contemporary Web tale "The Social Network" contend for top honors.

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The two films are considered the favorites for best drama — "The King's Speech" leading the Globes with seven nominations and "The Social Network" dominating awards from top critics groups.

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Hours before the start of the ceremony, bleachers near the entrance to the Beverly Hilton Hotel were stuffed with cheering, camera-toting fans eager to catch a glimpse of the more than 150 stars of TV and film expected to attend Sunday night's ceremony.

A king and a Web kingpin face off at Golden Globes (AP)