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The first Academy Awards presentation was held on , at a private dinner function at the Hollywood Roosevelt Hotel with an audience of about 270 people.
The post-awards party was held at the Mayfair Hotel.
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The five spokes represent the original branches of the Academy: Actors, Writers, Directors, Producers, and Technicians.
Fifteen statuettes were awarded, honoring artists, directors and other participants in the film-making industry of the time, for their works during the 1927–28 period. Winners were announced to media three months earlier. Since then, for the rest of the first decade, the results were given to newspapers for publication at pm on the night of the awards.are a set of 24 awards for artistic and technical merit in the American film industry, given annually by the Academy of Motion Picture Arts and Sciences (AMPAS), to recognize excellence in cinematic achievements as assessed by the Academy's voting membership.The various category winners are awarded a copy of a golden statuette, officially called the "Academy Award of Merit", which has become commonly known by its nickname "Oscar". The Academy Awards ceremony is the oldest worldwide entertainment awards ceremony.Due to a metal shortage during World War II, Oscars were made of painted plaster for three years.