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The Academy Awards, commonly known as the Oscars, are the best-known movieawards in the United States. The awards have been given by the Academy of Motion Picture Arts and Sciences since 1929.

The awards ceremony takes place each year in late February or early March in Los Angeles, California.

History

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At the end of the 1920s, the American film industry was in a crisis. When the radio was invented, people didn't go to the cinema as often as they used to.

The owners of the studios had problems. They had to pay the workers a good salary, but that was impossible at that time.

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Many people fought for a good salary and a good working time.

The director of the successful Metro-Goldwyn-Mayer-Studios, Louis B. Mayer, met two good friends because he wanted to speak about the problem.

Oscar statue

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Naming

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In the first years of the award, the trophy was called the Academy Award of Merit.

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