The Oscars (earlier known as The Academy Award) is the main movie award in the United States and one of the most prestigious awards in the world. It is the oldest award in the world in the media, but it still remains one of the most significant awards in the world of cinema. It is awarded annually by the Academy of Motion Picture Arts and Sciences (AMPAS) at the ceremony.
Since the first year, the awards have been publicly broadcast, at first by radio. It began to be telecast after 1953. During the first decade the results were released to newspapers for publication at 11 p.m. on the night of the awards. This method was given up when the Los Angeles Times played spoilsport by announcing the winners before the ceremony began.
The awards ceremony was first televised in 1953 and is now seen live in more than 200 countries. The Oscars is the oldest entertainment awards ceremony; its equivalents, the Emmy Awards for television, the Tony Awards for theatre, and the Grammy Awards for music and recording, are modeled after the Academy Awards.
Designed by MGM art director Cedric Gibbons (whose numerous film credits include “The Wizard of Oz” and “Julius Caesar”), the Oscar originally was made of gold-plated bronze. During World War II, when materials were scarce, the statuettes were produced from painted plaster.
While the first documented use of “Oscar” as the nickname for the statuette was made by Skolsky—in a 1934 New York Daily News article—there doesn’t seem to be any evidence that Skolsky was actually responsible for the quote.
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The Oscars are Hollywood’s glitziest and most exclusive star-studded event, but the very first ceremony in 1929 was a private affair held at the Hollywood Roosevelt Hotel – and a ticket cost just $5.
The Board of Governors directs the Academy’s strategic vision, preserves the organization’s financial health, and assures the fulfillment of its mission.
Three governors from each of the Academy’s 17 branches are elected to serve for a three-year term. Governors may serve a maximum of three consecutive three-year terms (nine years).