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Oscars odds

Best Picture at the Academy Award 2022

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Best Actor

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The Academy Awards are prizes for artistic and technical achievement in the film industry, popularly known as the Oscars. It is considered to be the most prestigious and valuable award in the film industry. The awards are provided annually by the Academy of Motion Picture Arts and Sciences (AMPAS), as determined by the Academy's voting membership, which are international acknowledgments of distinction in cinematic achievements. A model of a golden statuette, officially described as the "Academy Award of Merit" is awarded to the different category winners, but more generally referred to by its nickname, the "Oscar." The statuette portrays an Art Deco style rendered knight.

George Stanley initially sculpted the award from a design sketch by Cedric Gibbons. At a private dinner held by Douglas Fairbanks at the Hollywood Roosevelt Hotel, AMPAS first introduced it in 1929 at what would become known as the 1st Academy Awards. The first radio broadcast of the Academy Awards ceremony was in 1930 and was televised for the first time in 1953. It is the oldest ceremony for worldwide film awards that is now worldwide live broadcast. It is also indicated as the oldest of the four major annual American entertainment awards; its equivalents are modeled after the Academy Awards-the Emmy Awards for television, the Grammy Awards for music, and the Tony Awards for theater. In the world of entertainment, they are commonly considered as the most popular and prestigious competitive prizes.