While it's pretty much the biggest awards show ever, what do you really know about it?More
The first Academy Awards were held on May 16, 1929, and tickets were just five bucks. The event was held at the Hollywood Roosevelt Hotel, and 15 statues were awarded.
In 1928, MGM art director Cedric Gibbons was in charge of designing the award trophy. After his wife introduced him to Mexican film director and actor Emilio "El Indo" Fernandez, Gibbons convinced El Indo to pose nude and thus, the statue was made and cast.