Academy Awards / Oscars

The Academy Awards, or Oscars as they are commonly known, is an annual awards ceremony honouring the best films of Hollywood’s cinematic achievements. The event has been held since 1929 and was founded by Louis B. Mayer, president of Metro-Goldwyn-Mayer (MGM). It is organised by the Academy of Motion Picture Arts and Sciences (AMPAS) which consists of over 8,000 members from all branches within the film industry.

The award categories include best picture; actor in a leading role; actress in a leading role; director; writing – adapted screenplay/original screenplay and animated feature film among others. To be eligible for nomination at least one person must have contributed significantly to either direction, scriptwriting or acting during production. Winners receive Oscar statuettes made out of gold plated britannium on a black metal base like that engraved with their name on it along with appreciation speech from respective category winner(s).

Since its inception in 1929 till present day there have been many memorable moments including some historic wins such as Katherine Hepburn who holds record number four Best Actress trophies followed closely by Meryl Streep’s three wins and Jack Nicholson’s two Best Actor statues amongst other iconic performances throughout history making them household names even today.. Some remarkable movies that were also awarded include Schindler’s List winning seven awards outta twelve nominations back 1993 , Titanic receiving eleven awards 1997 , Slumdog Millionaire sweeping eight Oscars 2009 . This year 2020 marked 92nd edition for this event hosted February 9th Los Angeles California where Parasite directed South Korean filmmaker Bong Joon Ho becoming first non English language movie win coveted prize ..

Overall Academy Awards continues to remain one prestigious events celebrate excellence within world cinema each every year countless viewers tuning watch worldwide broadcast exclusive red carpet coverage presented glamorous night celebrates lifetime achievement various creative individuals across industries .