Why Oscar Awards So Famous ?

Oscar Awards Overview :

The Academy Awards, also known as the Oscars, are awards for artistic and technical merit for the film industry. They are presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS), in recognition of excellence in cinematic achievements as assessed by the Academy's voting membership. The Academy Awards are regarded by many as the most prestigious, significant awards in the entertainment industry in the United States and worldwide. The Oscar statuette depicts a knight rendered in the Art Deco style.
Academy Awards
Current: 95th Academy Awards
The Academy Award of Merit
(the Oscar statuette)

The major award categories are presented during a live televised Hollywood ceremony that is typically held in February or March. It is the oldest worldwide entertainment awards ceremony. The 1st Academy Awards were held in 1929, the second ceremony in 1930 was the first one broadcast by radio, and the 1953 ceremony was the first one televised.It is also the oldest of the four major annual American entertainment awards; its equivalents – the Emmy Awards for television, the Tony Awards for theater, and the Grammy Awards for music – are modeled after the Academy Awards.

History Of Oscars :

The first Academy Awards presentation was held on May 16, 1929, at a private dinner function at The Hollywood Roosevelt Hotel with an audience of about 270 people.[10]

The post-awards party was held at the Mayfair Hotel.[11][7] The cost of guest tickets for that night's ceremony was $5 ($85 at 2020 prices). 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.

For this first ceremony, winners were announced to the media three months earlier. For the second ceremony in 1930, and the rest of the first decade, the results were given to newspapers for publication at 11:00 pm on the night of the awards.[7] In 1940, the Los Angeles Times announced the winners before the ceremony began; as a result, the following year the Academy started using a sealed envelope to reveal the names of the winners.

The term "Oscar" is a registered trademark of the AMPAS; however, in the Italian language, it is used generically to refer to any award or award ceremony, regardless of which field.

Milestones of Oscars :

The first Best Actor awarded was Emil Jannings, for his performances in The Last Command and The Way of All Flesh. He had to return to Europe before the ceremony, so the Academy agreed to give him the prize earlier; this made him the first Academy Award winner in history. At that time, winners were recognized for the entirety of their work done in a certain category during the qualifying period; for example, Jannings received the award for two movies in which he starred during that period, and Janet Gaynor later won a single Oscar for performances in three films. With the fourth ceremony, however, the system changed, and professionals were honored for a specific performance in a single film. For the first six ceremonies, the eligibility period spanned two calendar years.[7]

At the 29th ceremony, held in 1957, the Best Foreign Language Film category, now known as Best International Feature Film, was introduced. Until then, foreign-language films had been honored with the Special Achievement Award.

Perhaps the most widely seen streaker in history was 34-year-old Robert Opel, who streaked across the stage of The Dorothy Chandler Pavilion in Los Angeles flashing a peace sign on national US television at the 46th Academy Awards in 1974. Bemused host David Niven quipped, "Isn't it fascinating to think that probably the only laugh that man will ever get in his life is by stripping off and showing his shortcomings?" Later, evidence arose suggesting that Opel's appearance was facilitated as a publicity stunt by the show's producer Jack Haley Jr

Robert Metzler, the show's business manager, believed that the incident had been planned in some way; during the dress rehearsal Niven had asked Metzler's wife to borrow a pen so he could write down the famous line, which was thus not the ad-lib it appeared to be.[14]

The 74th Academy Awards, held in 2002, presented the first Academy Award for Best Animated Feature.[15]

From 1973 to 2020 and since 2022, all Academy Awards ceremonies have ended with the Academy Award for Best Picture. For 2021, this tradition was broken as the ceremony ended with the Academy Award for Best Actor.

Traditionally, the previous year's winner for Best Actor and Best Supporting Actor present the awards for Best Actress and Best Supporting Actress, while the previous year's winner for Best Actress and Best Supporting Actress present the awards for Best Actor and Best Supporting Actor.

On February 9, 2020, Parasite became the first foreign-language film to win Best Picture at the award ceremony of 92nd Academy Awards.[16]

Tom Hanks announced, at the 2020 Oscar Ceremony, the opening of the Academy Museum of Motion Pictures on December 14, 2020.[17] The museum development started in 2017 under Kerry Brougher, but is now led by Bill Kramer.[18] The industry-curated exhibits are geared toward the history of motion pictures and the art & science of film making, exhibiting trailblazing directors, actors, film-makers, sound editors and more, and the museum houses famous artifacts from acclaimed movies such as Dorothy's Ruby Red Slippers from The Wizard of Oz.

The 93rd Academy Awards ceremony, honoring the best films of 2020 and early 2021, was held on April 25, 2021, after it was postponed from its original February 28, 2021, schedule due to the impact of the COVID-19 pandemic on cinema. As with the two previous ceremonies, there was no host. The ceremony was broadcast on ABC. It took place at the Dolby Theatre in Los Angeles, California for the 19th consecutive year, along with satellite location taking place at the Union Station also in Los Angeles.[19] Because of the virus impact on films and TV industries, Academy president David Rubin and CEO Dawn Hudson announced that for the 2021 Oscar Ceremony, streaming movies not shown in theaters would be eligible, though at some point the requirement that movies be shown in theaters would return.[20]