Angela Bassett Partied ‘Like It Was 1999’ at Beyoncé’s Oscars Bash After Loss ‘Hurt Her Feelings’ (Exclusive)

Courtney B. Vance shares how he and his wife Angela Bassett reacted after Bassett, 65, lost his Oscar at last year’s Academy Awards.

“We look at it and we’re the same people when they like us, when they want us and when they don’t. So we just keep moving,” Vance, 63, tells PEOPLE at the 18th Annual Oscar Wilde Awards on Thursday in Santa Monica, Calif., at question about the success he and Basset have had in recent years. “Eventually the world comes around you and then one minute you’re hot, the next you’re a little lukewarm, but you’re still you. So we really try not to be confused by that.”

Bassett received her second of two career Academy Award nominations for her performance in 2022 Black Panther: Wakanda Forever at last year’s 95th Academy Awards. However, she lost out on Best Supporting Actress when Jamie Lee Curtis won her first Oscar for her role in Everything everywhere and at once.

“Her feelings were hurt when she didn’t win the Oscar this last round, but we decided to party like it was 1999 that night and they didn’t want to send us home,” says Vance. “So we ended up at Beyoncé and Jay-Z’s party and life goes on. They gave her an honorary Oscar, which is wonderful. So we’re moving on.”

“I believe her best work is ahead of her. It may have re-energized people about her, but she’s the most amazing actress in the world,” adds Vance of Bassett’s future; the actress has already appeared twice in 2024 movies so far, including a role in the new Netflix movie A girl. “People who know, know and people who don’t know, maybe re-energized, maybe re-energized.”

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Angela Bassett Opens Up About ‘Struggle’ For Her Oscar-Winning Career — And The Lessons She’s Teaching Her Twins (Exclusive)

Courtney B. Vance (left), Bronwyn Golden Vance, Angela Bassett and Slater Josiah Vance on March 12, 2023.

Kayla Oaddams/WireImage

Bassett received her first Academy Award nomination back in 1994 for Best Actress in 1993. What does love have to do with it. In January, she was awarded an honorary Oscar for her overall contribution to the film industry; she noted that Halle Berry was the only black woman to win Best Actress at the annual awards ceremony during that speech.

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“I’ve always been a hard worker,” Bassett recently told PEOPLE about her approach to her career. “You have to know what to say no to, as well as what to say yes to. And during this time, many things were worth saying yes to.”

How Angela Bassett and Courtney B. Vance Got Out of the Friend Zone — and Stayed Married for 26 Years (Exclusive)

Courtney B. Vance and Angela Bassett

Courtney B. Vance and Angela Bassett on December 6, 2023.

Leon Bennett/Getty

Vance recently told PEOPLE that Bassett remains “very shy” about her accomplishments and shared that he “remembered 30 years ago when she wasn’t called by her name, and then when she wasn’t called by her name last March,” when in received an honorary Oscar in January. At an event Thursday night in Santa Monica, he told PEOPLE he encouraged his wife to celebrate even after she didn’t win at last year’s Academy Awards.

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“She leaned into me and said, ‘Shall we go home?’ I said, ‘No, we’re going to a party.’ And then she said—anyway, we had a good time that night,” Vance says. “I’ll leave it at that.”

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