Performance by an Actor in a Leaing Role is one of the Academy Awards of Merit presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) to recognize an actor who has delivered an outstanding performance while working within the film industry. Prior to the 49th Academy Awards ceremony (1976), this award was simply known as the Academy Award of Merit for Performance by an Actor. Since its inception, however, the award has commonly been referred to as the Oscar for Best Actor. While actors are nominated for this award by Academy members who are actors and actresses themselves, winners are selected by the Academy membership as a whole.