The Academy Awards or The Oscars (the official title was rebranded as The Oscars in 2013 – changed from The Academy Awards) is an annual American awards ceremony honoring cinematic achievements in the film industry. The various category winners are awarded a copy of a statuette, officially the Academy Award of Merit, that is 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 (AMPAS).
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. The Academy Awards are widely considered to be the most prestigious cinema awards ceremony in the world.
On March 19, 1953, the Academy Awards appeared on television for the first time, and 34 million viewers tuned in.
http://en.wikipedia.org/wiki/Academy_Awards
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