The Oscars


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The Academy Awards, or "Oscars", is an annual American awards ceremony hosted by the Academy of Motion Picture Arts and Sciences (A.M.P.A.S.) to recognize excellence in cinematic achievements in the United States film industry as assessed by the Academy's voting membership. The various category winners are awarded a copy of a statuette, officially called the Academy Award of Merit, which has become commonly known by its nickname "Oscar". The awards, first presented in 1929 at the Hollywood Roosevelt Hotel, are overseen by A.M.P.A.S.

 The 88th Academy Awards ceremony was held at the Dolby Theatre on February 28, 2016

Oscar statuette

Ownership of Oscar statuettes

Since 1950, the statuettes have been legally encumbered by the requirement that neither winners nor their heirs may sell the statuettes without first offering to sell them back to the Academy for US$1.

You can also buy them from the souvenir shop situated in front of the theatre entrance .

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