The Academy of Motion Picture Arts and Sciences: The Guardians of the Oscars
The Academy of Motion Picture Arts and Sciences: The Guardians of the Oscars
The Academy of Motion Picture Arts and Sciences (AMPAS) is a prestigious professional organization dedicated to advancing the arts and sciences of motion pictures. Since its establishment in 1927, AMPAS has been responsible for organizing and presenting the annual Academy Awards ceremony, which honors outstanding achievements in the film industry.
History and Significance of the Oscars
The first Academy Awards ceremony was held in 1929, marking the beginning of what has become one of the most recognized and celebrated award events in the world. Over the decades, the event has evolved, with the ABC television network taking over the broadcast in 1976. Although earlier years featured broadcasts or telecasts by other networks, the transition to ABC has solidified the tradition.
AMPAS and the Ownership of the Oscars
The Oscars, also known as the Academy Awards, are officially owned by the Academy of Motion Picture Arts and Sciences (AMPAS). This organization holds the responsibility for organizing and presenting the prestigious awards. Each winner retains possession of the Oscar statuette, but there are strict rules regarding its sale and disposal. Since 1950, the statuettes have been legally encumbered by a requirement that they cannot be sold on the open market. Winners must first offer their statuettes back to the Academy for a symbolic price of $1. However, if the winner refuses this offer, the statuette remains with AMPAS.
Historically, exceptions have been made, leading to the sale of non-legally encumbered statuettes. These have fetched sums in the six-figure range through public auctions and private deals. However, the vast majority of statuettes remain in the hands of AMPAS, ensuring their place in film history and preserving the integrity of the awards.
Structure and Governance of AMPAS
The Academy of Motion Picture Arts and Sciences is a group of industry professionals, currently numbering around 9000 members. These individuals are invited to join based on their significant contributions to the film industry. The organization is overseen by a board of governors, comprising approximately 50 people, and is headed by the current president, David Rubin. Membership is by invitation only, reflecting the high standards and selective nature of the organization.
The Oscar Statuette
The iconic Oscar statuette is manufactured by R. S. Owens Co, located in Chicago. Crafting 50 statuettes takes approximately 3-4 weeks of meticulous work. This process ensures that the renowned Oscar continues to be a symbol of excellence in the film industry, meeting the high standards of quality and craftsmanship.