1st Academy Awards 1st Academy Awards The 1st Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS), honored the best films of 1927 and 1928 and took place on May 16, 1929 at a private dinner held at the Hollywood Roosevelt Hotel in Los Angeles, California. AMPAS president Douglas Fairbanks hosted the show. Tickets cost $5 (which would be $ in considering inflation), 270 people attended the event and the presentation ceremony lasted 15 minutes. Awards were created by Louis B. Mayer, founder of Louis B. Mayer Pictures Corporation (at present merged into Metro-Goldwyn-Mayer). It is the only
84th Academy Awards as director. Actor Billy Crystal hosted the show for the ninth time. He first presided over the 62nd ceremony held in 1990 and had last hosted the 76th ceremony held in 2004. On June 14, 2011, Academy president Tom Sherak announced at a press conference that, in an attempt to further revitalize interest surrounding the awards, the 2012 ceremony would feature between five and ten Best Picture nominees depending on voting results, as opposed to a set number of nominees. In related events, the Academy held its third annual Governors Awards ceremony at the Grand Ballroom of the Hollywood and