On this day in 1927 at the Biltmore Hotel in downtown Los Angeles, the Academy of Motion Pictures Arts and Sciences had its first “organization banquet”. On May 5, 1927, Douglas Fairbanks was elected president of the academy. On the night of May 11, over 200 of the invited guests signed up to become members. Thus, this day, 5/11, is the anniversary of the academy’s formation.
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