60th Academy Awards 60th Academy Awards The 60th Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS), took place on April 11, 1988, 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 22 categories honoring films released in 1987. The ceremony, televised in the United States by ABC, was produced by Samuel Goldwyn Jr. and directed by Marty Pasetta. Actor Chevy Chase hosted the show for the second consecutive year. Two weeks earlier in a ceremony held at
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