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 their statuettes at an inscription-processing station at the Governor's Ball, a party held immediately after the Oscar ceremony. The R.S. Owens company has engraved nameplates made before the ceremony, bearing the name of every potential winner. The nameplates for the non-winning nominees are later recycled. 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. If a winner refuses to agree to this stipulation, then the Academy keeps the statuette. Academy Awards not protected by this