67th Academy Awards 67th Academy Awards The 67th Academy Awards ceremony, organized by the Academy of Motion Picture Arts and Sciences (AMPAS) took place on March 27, 1995, 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 the Oscars) in 23 categories honoring the films released in 1994. The ceremony, televised in the United States by ABC, was produced by Gilbert Cates and directed by Jeff Margolis. Comedian David Letterman hosted the show for the first time. Three 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