“When we talk about Oscars, it’s almost as a symbol of excellence, and the American public and the worldwide public accept that symbol. So, a movie like ‘The Artist’ that costs $14 million, has to go out and compete with movies that cost $140 million. How does David deal with Goliath?” Harvey Weinstein.
The Academy of Motion Picture Arts and Sciences, an organization composed of more than 6,000 men and women working in movies held the 86th Academy Awards commonly known as the Oscars.
The 86th Academy Awards was held on Sunday, March 2nd in the Dolby Theater in Hollywood. According to news.moviefone.com. The Oscars were shown on ABC and the main show aired on sky movies 1.30am until 4am.
The Oscars is a long running event that was first held in 1929 in the Blossom room of the Hollywood Roosevelt hotel. According www.oscars.org 270 people attended the event, mostly Academy members. Twelve awards were presented at the dinner and 20 additional certificates of honorable mention were given to runners-up in each awards category according to www.oscars.org.
The Academy Awards are well known for the statuette trophy awarded to category winners. According to www.oscars.org the statuette was designed in1928 by MGM’s art director, Cedric Gibbons. The Academy paid Sculptor George Stanley $500 to execute the original statue from Gibbons’ design.