Academy Awards in 1929 at a private dinner hosted by Douglas Fairbanks in the Hollywood Roosevelt Hotel. The Academy Awards ceremony was first broadcast on radio in 1930 and televised for the first time in 1953. It is the oldest worldwide entertainment awards ceremony and is now seen live worldwide. 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 90th Academy Awards ceremony, honoring the best films of 2017, was held on 4 March 2018, at the Dolby Theatre, in Los Angeles, California. The
Academy Awards to date, however, was the 42nd Academy Awards (Best Picture "Midnight Cowboy") which drew a 43.4% household rating on 7 April 1970. By contrast, ceremonies honoring films that have not performed well at the box office tend to show weaker ratings. The 78th Academy Awards which awarded low-budgeted, independent film "Crash" (with a pre-Oscar gross of US$53.4 million) generated an audience of 38.64 million with a household rating of 22.91%. In 2008, the 80th Academy Awards telecast was watched by 31.76 million viewers on average with an 18.66% household rating, the lowest rated and least watched ceremony at the time,