text: Hoping to reinvigorate the pre-show and ratings, the 2023 Oscars organizers hired members of the Met Gala creative team By contrast, ceremonies honoring films that have not performed well at the box office tend to show weaker ratings, despite how much critical acclaim those films have received.The 78th Academy Awards which awarded low-budget independent film Crash (with a pre-Oscar gross of US$53.4 million) generated an audience of 38.64 million with a household rating of 22.91%.In 2008, the 80th Academy Awards telecast was watched by 31.76 million viewers on average with an 18.66% household rating, the lowest-rated and least-watched ceremony at the time, in spite of celebrating 80 years of the Academy Awards.The Best Picture winner of that particular ceremony was another independent film (No Country for Old Men).Whereas the 92nd Academy Awards drew an average of 23.6 million viewers, the 93rd Academy Awards drew an even lower viewership of 10.4 million, the lowest viewership recorded by Nielsen since it started recording audience totals in 1974.The 94th and 95th editions drew 16.6 and 18.7 million viewers, still below the audience of the 92nd edition.Archive The Academy Film Archive holds copies of every Academy Awards ceremony since the 1949 Oscars and material on many prior ceremonies, along with ancillary material related to more recent shows.Copies are held in a variety of film, video and digital formats.Broadcasters Venues In 1929, the first Academy Awards were presented at a banquet dinner at The Hollywood Roosevelt Hotel.From 1930 to 1943, the ceremony alternated between two venues: the Ambassador Hotel on Wilshire Boulevard and the Biltmore Hotel in downtown Los Angeles.Grauman's Chinese Theatre in Hollywood then hosted the awards from 1944 to 1946, followed by the Shrine Auditorium in Los Angeles from 1947 to 1948.