75th Academy Awards 75th Academy Awards The 75th Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS) took place on March 23, 2003, at the Kodak Theatre in Hollywood, Los Angeles beginning at 5:30 p.m. PST / 8:30 p.m. EST. During the ceremony, AMPAS presented Academy Awards (commonly referred to as Oscars) in 24 categories honoring films released in 2002. The ceremony, televised in the United States by ABC, was produced by Gil Cates and was directed by Louis J. Horvitz. Actor Steve Martin hosted for the second time, having previously presided over the 73rd ceremony held in
Academy Awards Beatty and Dunaway were invited back as announcers for Best Picture winner, which they accomplished without error. The following events are closely associated with the annual Academy Awards: It has become a tradition to give out gift bags to the presenters and performers at the Oscars. In recent years, these gifts have also been extended to award nominees and winners. The value of each of these gift bags can reach into the tens of thousands of dollars. In 2014, the value was reported to be as high as US$80,000. The value has risen to the point where the U.S. Internal