The 88th Academy Awards, also known as the Oscars, took place on February 28, 2016. This prestigious event honors outstanding achievements in the film industry for the year 2015. The ceremony was held at the Dolby Theatre in Hollywood, California, and was broadcast live to millions of viewers worldwide. During the event, various awards were presented, including Best Picture, Best Director, and Best Actor/Actress. The film Spotlight won the award for Best Picture, while Alejandro G. Iñárritu received the Best Director award for The Revenant. The ceremony featured performances and appearances by numerous celebrities, celebrating the art of filmmaking.