What is and the oscar goes to..?

"And the Oscar goes to..." is a phrase often used at the Academy Awards ceremony when announcing the winner of each category. The Oscars, also known as the Academy Awards, are an annual awards ceremony honoring outstanding achievements in the film industry. The awards, which are presented by the Academy of Motion Picture Arts and Sciences, recognize achievements in various categories such as Best Picture, Best Director, Best Actor, Best Actress, and more. The Oscars are considered the most prestigious awards in the film industry and winning an Oscar is often seen as a high point in an actor or filmmaker's career. The first Academy Awards ceremony was held in 1929, and the tradition of announcing the winners with the phrase "And the Oscar goes to..." began in the early 1980s.