On "The Early Show" Monday, "Entertainment Tonight" Special Contributor Nancy O'Dell reported, the standing ovation came in the wake of Douglas recently announcing he'd beaten throat cancer after six months of rigorous chemotherapy and radiation.
The star joked on stage, "There's gotta be an easier way to get a standing ovation!"
With a voice still weak, yet clear, he announced "The Social Network" was the night's big winner.
Douglas was himself a nominee for Best Supporting Actor, for "Wall Street: Money Never Sleeps," sequel to the 1987 film for which he won the Academy Award. The trophy last night went to Christian Bale for "The Fighter."