Five Fun Facts about the Oscars
Posted on February 22, 2009 - 6:59pm by loretta
Today is the biggest day of the year for the movie industry, it Oscar Sunday. Although there are many award shows these days, the Oscars remain at the top as the most prestigious award a celebrity, director, writer, and many more movie industry hopefuls strive to win. In honor of the Academy Awards here are Five Fun Facts.
5. The First Academy Awards

On May 16, 1929 the 1st Academy Awards ceremony was held at the Hotel Roosevelt in Hollywood, California. Douglas Fairbanks hosted the private dinner ceremony that has an audience of less than 250 people. Today the Oscars are held at the Kodak Theatre in Hollywood and viewed on national TV by millions.
4. Oscar Statue

The Oscar statue was designed by Cedric Gibbons and was modeled after Mexican film director Emilio "El Indio" Fernandez. The statue is made of gold-plated britannium on a black metal base and depicts a knight holding a sword standing on a movie reel with five spokes. The five spokes represent the five branches of the Academy.
3. Oscar Ownership

All Oscar winners and their heirs since 1950 are legally bound to first offer to sell their Oscar back to the Academy for $1 before selling it elsewhere. Should an award recipient fail to agree to this rule, the Academy will retain possession of the statue.
2. Nominees and Winners

The Academy Awards nominees and winners are chosen by the AMPAS, Academy of Motion Picture Arts and Sciences, a professional honorary organization. As of 2007 the AMPAS consisted of 5,829 members. Members of each branch of the movie industry nominates those in their respective fields and all members vote on Best Picture. The winners are decided in a second round of voting that is open to all members to vote on most categories.
1. Oscar Records

Jack Nicholson hold the most Oscar nominations for an actor, 12.
Titanic and
All about Eve hold the record for most-nominated films with 14 nominations.
Adrien Brody is the youngest actor to win a Best Actor Oscar. He was 29 years old.
The Lord of the Rings: The Return of the King holds the record for the most Oscar won in every category in which they were nominated.
The Lord of the Rings were nominated in 11 categories and won 11 Oscars.