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== Origins of the Oscars == The '''Academy Awards''' were first held on '''May 16, 1929''', at the '''Hollywood Roosevelt Hotel''' in [[Los Angeles]]. Organized by the newly formed '''Academy of Motion Picture Arts and Sciences (AMPAS)''', the ceremony was a private banquet with just 270 guests. The first-ever '''Best Picture''' winner was ''โWingsโ'' (1927), a silent war film that captured the spirit of the times. ''(source: AP)'' === Key Facts === * '''Founder:''' Louis B. Mayer (Metro-Goldwyn-Mayer) * '''Trophy Name:''' The Oscar โ coined by Academy librarian Margaret Herrick, who thought the golden statuette resembled her โUncle Oscar.โ * '''Designer:''' Cedric Gibbons (MGM art director) * '''Material:''' Gold-plated bronze on a black metal base. ----
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