The Oscars, officially known as the Academy Awards, are prestigious awards presented annually by the Academy of Motion Picture Arts and Sciences to recognize excellence in cinematic achievements. The awards cover various categories, including acting, directing, and writing, celebrating the best films of the previous year. Since their inception in 1929, the Oscars have become a significant event in the film industry, attracting global attention. The ceremony features glamorous red carpet appearances and performances, making it a highlight of the entertainment calendar, where filmmakers and actors are honored for their contributions to cinema.