Creation of the Academy Awards

Date: January 11, 1927 • Location: Beverly Hills, United States

Louis B. Mayer, head of Metro-Goldwyn-Mayer, hosted 36 people involved in the film industry at a banquet, where he announced the creation of what would become the Academy of Motion Picture Arts and Sciences.

Louis Burt Mayer was a Canadian-American film producer and co-founder of Metro-Goldwyn-Mayer studios (MGM) in 1924. Under Mayer's management, MGM became the film industry's most prestigious movie studio, accumulating the largest concentration of leading writers, directors, and stars in Hollywood.