On May 16, 1929, the first Academy Award ceremony was held at the Hotel Roosevelt in Hollywood to honor outstanding film achievements of 1927–1928. "Wings" was entered in a number of categories and was the first film to win the Academy Award for Best Picture (then called "Best Picture, Production") and Best Engineering Effects for Roy Pomeroy for the year. It remains the only silent film to win Best Picture. "", which won "Unique and Artistic Production", was considered an equal top winner of the night but the following year, the Academy dropped the "Unique and Artistic Production" award and decided retroactively that the award won by "Wings" was the highest honor that could be awarded. The statuette, not yet known as the "Oscar", was presented by Douglas Fairbanks to Clara Bow on behalf of the producers, Adolph Zukor and B.P. Schulberg.