Premise: The 79th Academy Awards ceremony , presented by the Academy of Motion Picture Arts and Sciences ( AMPAS ) , honored the best films of 2006 and took place February 25 , 2007 , at the Kodak Theatre in Hollywood , Los Angeles beginning at 5:30 p.m. PST / 8:30 p.m. EST. . The Dolby Theatre ( formerly known as the Kodak Theatre ) is a live-performance auditorium in the Hollywood and Highland Center shopping mall and entertainment complex , on Hollywood Boulevard and Highland Avenue , in the Hollywood district of Los Angeles , United States .
Hypothesis: The 79th Academy Award took place in a renamed venue.
Label: ENTAILMENT