The 83rd Annual Academy Awards

The Academy Awards honors the best in the film industry. Each time, the Oscar trophies are given to honor the best films of that year. Each January, the the Academy of Motion Picture Arts and Sciences would give announce it's nominations and give out the golden statues in March. This annual events has been held since 1929. Awards of individual or collective efforts would be given out, all of which will lead to the big prize, the Best Picture of the Year.