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Oscar, the golden statuette coveted by Hollywood

He stands only 13.5 inches (34 centimeters) tall and weighs just 8.5 pounds (3.85 kilos) -- but Oscar, in all his bald gold-plated glory, is the holy grail of Hollywood. The iconic statuette was created in 1929, two years after the Academy of Motion Picture Arts and Sciences, by the head of Metro-Goldwyn-Mayer (MGM) studios, Louis Mayer. The idea came from MGM's artistic director, Cedric Gibbons, and it was a Los Angeles artist, George Stanley, who sculpted the first statuette of a knight standing on a reel of film gripping a crusader's sword.

Movie academy's 1st black chief sees films building diversity

By Mary Milliken BEVERLY HILLS, California (Reuters) - When Cheryl Boone Isaacs presides over the Oscars on March 2, her mere presence will convey a statement on diversity in Hollywood as the first African-American president of the Academy of Motion Picture Arts and Sciences and its third woman in its 86 years.

Former Academy of Motion Pictures president Tom Sherak dies

LOS ANGELES (Reuters) - Tom Sherak, the former president of the Academy of Motion Pictures Arts and Sciences, died on Tuesday after a long struggle with prostate cancer, his family said in a statement. He was 68. Sherak served as president of the Academy, which organizes Hollywood's annual Oscars ceremony, from 2009 to 2012. He died at home surrounded by his family after a 12-year cancer battle, said the statement, issued through the Academy.

Angelina Jolie, Steve Martin among Oscar honorees

The Academy of Motion Picture Arts and Sciences is to give a prestigious humanitarian award to Hollywood A-lister Angelina Jolie for her "impassioned" campaigning work, the Oscar-bestowing body announced Thursday. The Academy's board of governors will also give honorary lifetime awards to veteran actors Steve Martin and Angela Lansbury, as well as Italian costume designer Piero Tosi, whose work includes the 1971 classic "Death in Venice."

Academy's first black president Cheryl Boone Isaacs: 'this was major, and I know it'

By Steve Pond LODS ANGELES (TheWrap.com) - Cheryl Boone Isaacs knows that she will be judged in the long run more on the work she does than the barriers she's broken. But at the same time, she told TheWrap on Wednesday, she recognizes that her election - which made her the first African-American president of the Academy of Motion Picture Arts and Sciences, and only the third woman - was a significant moment for the Academy.

Cheryl Boone Isaacs elected president of Academy of Motion Picture Arts and Sciences

LOS ANGELES, Calif. - A veteran marketing executive is the new president of the Academy of Motion Picture Arts and Sciences. The organization's board of governors elected Cheryl Boone Isaacs to the position Tuesday evening. She is the first woman to hold the post in three decades and the first African-American president in the academy's history. Boone Isaacs was elected to a one-year term but is eligible to serve four successive terms. She succeeds Hawk Koch, who served for one year but was ineligible for re-election.

Amy Pascal, Alex Gibney elected to Academy Board of Governors

By Steve Pond LOS ANGELES (TheWrap.com) - Alex Gibney, Amy Pascal and Nancy Utley have been elected to the Board of Governors of the Academy of Motion Picture Arts and Sciences, AMPAS announced on Monday. Those first-time governors are part of an unusually large group of 10 first-time governors who join the board, which has expanded by five members to 48, its largest number ever.

Oscar-Nominated songs, scores get their own live concert

By Steve Pond LOS ANGELES (TheWrap.com) - After years of jerking around the original-song category on the Oscars telecast, the Academy of Motion Picture Arts & Sciences is giving the nominees a night of their own with a live concert that will showcase their music three days before the big show, the Academy told TheWrap. The concert will be held at Royce Hall on the UCLA campus on Thursday, February 27, and is not expected to be televised.

Reuters Entertainment News Summary

Following is a summary of current entertainment news briefs. "Argo" storms to Oscar victory on night of surprises LOS ANGELES (Reuters) - "Argo" stormed to Best Picture victory at the Oscars on Sunday on a night of surprises that ended in disappointment for frontrunner "Lincoln" and handed the most overall wins - four - to "Life of Pi." It was the first time since "Driving Miss Daisy" in 1990 that a film won the top prize at the Oscars without its director also being nominated.

Oscar, the golden statuette coveted by Hollywood

He stands only 13.5 inches (34 centimeters) tall and weighs just 8.5 pounds (3.85 kilos) -- but Oscar, in all his bald gold-plated glory, is the holy grail of Hollywood. The iconic statuette was created in 1929, two years after the Academy of Motion Picture Arts and Sciences, by the head of Metro-Goldwyn-Mayer (MGM) studios, Louis Mayer. The idea came from MGM's artistic director, Cedric Gibbons, and it was a Los Angeles artist, George Stanley, who sculpted the first statuette of a knight standing on a reel of film gripping a crusader's sword.
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