The 1st Academy Awards ceremony, presented by the Academy of
Motion Picture Arts and Sciences (AMPAS), honored the best films
of 1927 and 1928 and took place on May 16, 1929, at a private dinner
held at the Hollywood Roosevelt Hotel in Los Angeles, California.

AMPAS president Douglas Fairbanks hosted the show. Tickets cost
five dollars, 270 people attended the event and the presentation
ceremony lasted fifteen minutes.

The awards were created by Louis B. Mayer, founder of Louis B.
Mayer Pictures Corporation (at present merged into Metro-
Goldwyn-Mayer).