/> Far from the eagerly anticipated and globally televised event it is today, the first Academy Awards ceremony took place out of the public eye during an Academy banquet at the Hollywood Roosevelt Hotel. Two hundred seventy people attended the May 16, 1929 dinner in the hotel’s Blossom Room; guest tickets cost . It was a long affair filled with speeches, but Academy President Douglas Fairbanks made quick work of handing out the statuettes.
There was little suspense when the awards were presented that night: the recipients had already been announced three months earlier. That all changed the following year, however, when the Academy decided to keep the results secret until the ceremony but gave a list in advance to newspapers for publication at 11 p.m. on the night of the Awards. This policy continued until 1940 when, much to the Academy’s consternation, the Los