The Acaemy Award for Best Motion Picture is one of the Awards of Merit presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) to artists working in the motion picture industry. The Best Picture category is the only category in which every member of the Academy is eligible not only to vote on the final ballot, but also to nominate. During the annual Academy Awards ceremony, Best Picture is reserved as the final award presented and is usually collected at the podium by the film's producers and director. However, only the producers are officially credited with receiving the award. The Academy Award for Best Motion Picture is universally considered the most important of the Academy Awards, as it is the final result of the collaborative producing, directing, acting, and writing efforts put forth for a film. The Grand Staircase columns at the Kodak Theatre in Los Angeles, where the Academy Awards ceremonies have been held since 2002, showcase every film that has won the Best Picture title since the award's inception 80 years ago.