WORLDKINGS - On This Day - May 16, 2022 - The first Academy Awards presentation was held, in 1929 - Worldkings

WORLDKINGS - On This Day - May 16, 2022 - The first Academy Awards presentation was held, in 1929

16-05-2022

(Worldkings.org) The Academy Awards, also known as the Oscars, are a set of 24 awards for artistic and technical merit in the American film industry, given annually by the Academy of Motion Picture Arts and Sciences (AMPAS), to recognize excellence in cinematic achievements as assessed by the Academy's voting membership.

It is now seen live in more than 200 countries and can be streamed live online. The Academy Awards ceremony is the oldest worldwide entertainment awards ceremony. Its equivalents – the Emmy Awards for television, the Tony Awards for theater, and the Grammy Awards for music – are modeled after the Academy Awards.

The first Academy Awards presentation was held on 16 May 1929, at a private dinner function at the Hollywood Roosevelt Hotel with an audience of about 270 people. The post-awards party was held at the Mayfair Hotel.

The cost of guest tickets for that night's ceremony was $5 ($71 in 2017 dollars). Fifteen statuettes were awarded, honoring artists, directors and other participants in the film-making industry of the time, for their works during the 1927–28 period. The ceremony ran for 15 minutes.