SAG Awards Live Stream Red Carpet: Watch Online as Nominees, Hollywood Stars Arrive to Ceremony (VIDEO)

Awards season is in full effect. Right behind the Golden Globes, is the Screen Actors Guild Awards which airs Saturday, Jan. 18 at 5 p.m. PST/8 p.m. EST on TNT and TBS. The red carpet kicks off at 3 p.m. PST/6 p.m. EST. You can watch a live stream of the ceremony here.

The SAG Awards doesn't have a host but it was announced that presenters include Tina Fey and Amy Poehler (who hosted the Golden Globes), Bradley Cooper, John Goodman, Ben Affleck, Don Cheadle, Jennifer Garner, Meryl Streep, Kerry Washington and Oprah Winfrey.

It's been speculated that Matthew McConaughey and Leonardo DiCaprio will be front runners at the ceremony. McConaughey is expected to win the SAG Award for Best Actor for his role as a Texas man struggling with AIDS in "Dallas Buyers Club." DiCaprio is also expected to win some awards for his portrayal of Jordan Belfort in "Wolf of Wall Street."

Director Steve McQueen has also been getting a lot of buzz for his movie "12 Years a Slave," which tells the story of a black man who was kidnapped and sold into slavery. The film is leading with four nominations including male actor in a leading role, female actor in a supporting role and ensemble.

There were a number of television shows nominated for a SAG Award including "The Big Bang Theory," "Modern Family," Breaking Bad," Downton Abbey," "30 Rock" and "Arrested Development."

Other nominees included Cate Blanchett ("Blue Jasmine"), Matthew McConaughey ("Dallas Buyers Club"), Forest Whitaker ("Lee Daniels' The Butler"), Meryl Streep ("August: Osage County"), Tom Hanks ("Captain Phillips"), Emma Thompson ("Saving Mr. Banks") and Bruce Dern ("Nebraska").

During the ceremony actor Morgan Freeman will present Rita Moreno, 82, ("West Side Story") with the SAG Life Achievement Award.

To watch the live stream of the award show click here.

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