First Oscar (Academy Awards) – Initiated by the resoundingly titled Academy of Motion Picture Arts and Sciences, the Academy Awards were introduced as a public relations exercise to boost the image of motion pictures in general.
Best Actress Academy Award (Photo credit: cliff1066™)
They have since developed into one of the most prestigious recognitions of achievement in the world, and the ceremony at which they are presented is an eagerly anticipated annual event.
The first awards were presented by a greatly respected Hollywood figure, the actor Douglas Fairbanks Sr., at a dinner for 200 people at the Hollywood Roosevelt Hotel in Los Angeles. Fifteen golden statuettes of a man equipped with a knight’s sword and standing on a reel of film were awarded for movies made between 1927 and 1928.
The trophy was known as The Statuette until 1931, when, so the story goes, the librarian of the Academy, Margaret Herrick, said it looked just like her Uncle Oscar, and Oscar it has been ever since.