Oscar night: How are the winners picked?

The world's biggest awards ceremony, unfolding this year on Feb. 24, has a history of playing it safe

The single most prized award in the movie business gets its name, legend has it, from a librarian's uncle who resembles the little gilded man.
(Image credit: Mark L Stephenson/CORBIS)

When did the Oscars begin?

The first Academy Awards ceremony was held in May 1929, over dinner at Hollywood's Roosevelt Hotel. It was attended by 270 people, including some who paid a $5 fee as guests of those with invitations, and was hosted by silent-movie actor Douglas Fairbanks, who handed out the awards in just a few minutes. The 15 winners had been disclosed three months earlier, and the very first Oscar — a 13-inch-tall gold-plated statuette designed by MGM's art director, Cedric Gibbons — had already been presented to German actor Emil Jannings, who had sailed to Europe a few weeks before. The silent-movie star was actually the runner-up in the leading-actor category. Celebrity dog Rin Tin Tin had picked up more votes, but was denied the award by an embarrassed academy.

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