5 Shocking Things You Didn't Know About The Oscars

You may have been seeing the Oscars every year, but there's probably a lot you don't know.

For starters, were you aware that the Oscar statuettes cost one dollar - Yes, one dollar!!!
Learn more about the Oscars below...

1. Oscar Statuette Is Worth One Dollar
   Academy Award winners have raked in millions through their acclaimed performances in hit movies, and the perks of celebrity that come with it. But one way they won’t be making money is by selling their Oscar statuettes, according to academy rules. You might be wondering how much a Grammy award cost...
   
   If Oscar winners or their heirs ever try to sell their gold-plated trophies, they’ll be getting a call from the academy’s legal team, who will remind them that the academy itself has first dibs on any Oscar sales–and the only price it’ll pay for an Oscar is a measly $1. The stipulation exists to preserve the artistic integrity of the statuettes, said John B. Quinn, the academy’s general counsel.
   
   
2. Oscars Venue
   The first Oscars award ceremony was held at the famous Hollywood Roosevelt Hotel. Fast forward to our time, the oscars location takes place at the Dolby Theatre, its tenth venue over the decades.
   
   
   
   
3. Most Successful Films
   Ben-Hur, Titanic, and The Lord of the Rings: The Return of the King - are the most successful films in Oscar history till now. All three of them won 11 Oscars! Lord of The Rings is the only one to have won every award for which it was nominated.
   
   
4. Youngest Oscar Winner Ever
   The youngest person to bag an Oscar award was Tatum O'Neal. This 10-year-old won Best Supporting Actress for Paper Moon (1973).
   
   
5. First Academy awards were telecast after 24 long years - Woah!!The first ever Academy Awards were held in the year 1929. I guess virtually a lot of you haven't been born then. lol.Please feel free to send us a mail if you were..
   
   Instead of a large-scale ceremony, it was a private dinner for about 270 people. Surprisingly, it was televised after 24 long years in the year 1953! That's late yeah, What do y'all think??