In May 1927, the Academy of Motion Picture Arts and Sciences was
established as a non-profit corporation to promote the art of movie
making. The Academy had 36 members in the first year, with Douglas
Fairbanks Sr as president.
The first Academy Awards, now better known as
the Oscars, were presented at a private dinner in the Hollywood
Roosevelt Hotel, with less than 250 persons attending. The first
television broadcast of the Oscars took place in 1953 – on black and
white TV, telecasted throughout the US and Canada. Today, the Academy
has over 6 000 honorary members – the Oscar Awards are viewed by more
than a billion people.
Source:interestingtopics.net
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