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
Academy Awards were honored for a specific performance in a single film. For the first six ceremonies, the eligibility period spanned two calendar years. At the 29th ceremony, held on 27 March 1957, the Best Foreign Language Film category was introduced. Until then, foreign-language films had been honored with the Special Achievement Award. The 74th Academy Awards, held in 2002, presented the first Academy Award for Best Animated Feature. Since 1973, all Academy Awards ceremonies have ended with the Academy Award for Best Picture. Traditionally, the previous year's winner for Best Actor and Best Supporting Actor present the awards for Best Actress