What is and the oscar goes to?

"And the Oscar goes to..." is a phrase used at the Academy Awards ceremony to announce the winner of each category. The Oscar is an iconic award given by the Academy of Motion Picture Arts and Sciences (AMPAS) to recognize excellence in the film industry. The Academy Awards ceremony is one of the most highly anticipated and prestigious events in the entertainment industry, with nominees and winners often receiving worldwide recognition and acclaim. The first Academy Awards ceremony was held in 1929, and the tradition of saying "And the Oscar goes to..." began in 1989. Today, the Oscars are divided into 24 categories, covering various aspects of filmmaking, including acting, directing, and screenwriting.