61st Academy Awards 61st Academy Awards The 61st Academy Awards ceremony, organized by the Academy of Motion Picture Arts and Sciences (AMPAS), honored the best films of 1988, and took place on Wednesday, March 29, 1989, at the Shrine Auditorium in Los Angeles, beginning at 6:00 p.m. PST/ 9:00 p.m. EST. During the ceremony, AMPAS presented Academy Awards (commonly referred to as Oscars) in 23 categories. The ceremony, televised in the United States by ABC, was produced by Allan Carr and directed by Jeff Margolis. Ten days earlier, in a ceremony held at the Beverly Hills Hotel in Beverly Hills, California, the Academy
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