Academy Award Winners First 50 Years: Volume 7
Since 1950, the statuettes have been legally encumbered by the requirement that neither winners nor their heirs may sell the statuettes without first offering to sell them back to the Academy for US$1. If a winner refuses to agree to this stipulation, then the Academy keeps the statuette.
From 1952 to 1955 Hollywood suffers competition from the small screen and begins more sophisticated production techniques. The Robe, Roman Holiday, From Here To Eternity, On The Waterfront and High Noon all win awards.
