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The Academy Awards, commonly known as The Oscars, is an annual American awards ceremony honoring cinematic achievements in the film industry. Winners are awarded the statuette, officially the Academy Award of Merit, that is much better known by its nickname Oscar. The awards, first presented in 1929 at the Hollywood Roosevelt Hotel, are overseen by the Academy of Motion Picture Arts and Sciences. The Oscar Academy Awards are an electoral race to the trophy to best film in any category.
The awards ceremony was first televised in 1953 and is now seen live in more than 200 countries. The Oscars is also the oldest entertainment awards ceremony; its equivalents, the Emmy Awards for television, the Tony Awards for theatre, and the Grammy Awards for music and recording, are modeled after the Academy Awards.