20 Things You Didn’t Know About the First Academy Awards

It was 88 years ago today...

Today marks the 88th anniversary of the 1st Academy Awards, where Hollywood’s finest were first honored for their achievements in cinema. A lot has changed since that day in 1929; the Oscars ceremony is hours-long, the red carpet pre-show is more focused on fashion and gossip than film, and the Awards cost upwards of $44 million to produce. But the cult of celebrity is still the same. We look back at some of the most fascinating facts about the 1st Academy Awards, which reveal just how much the Oscars have transformed over the decades.