The `` 79th Academy Awards '' honored actors and directors .
The `` 79th Academy Awards '' ceremony , presented by the `` Academy of Motion Picture Arts and Sciences '' ( AMPAS ) , honored the best actors and directors of 2006 and took place on February 25 , 2007 , at the `` Kodak Theatre '' in Hollywood , Los Angeles beginning at 5:30 p.m. PST/8:30 p.m. EST .
79th Academy Awards