The 93rd Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS), will take place on April 25.  The event will honor the best films of 2020 and early 2021.

Originally held in late February or early March every year, the 2021 edition of Oscars was postponed amid the COVID-19 crisis. The in-person event will take place at two locations, with guests attending at Union Station in Los Angeles and other live elements filming from the Dolby Theatre in Hollywood.

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This season is also going to witness many firsts in terms of nominations and cost. 

Here are some of the interesting facts of the 93rd edition.

The 2021 Oscars ceremony will cost more than $40 million to produce: WalletHub identified the overall cost in its 2021 Oscars Facts report, according to an article by Business Insider. 

Also, this year’s Oscars will take place in front of a live audience of 170 people, reports Vulture. All attendees and nominees must take three COVID-19 tests before the awards and get their temperature checked the day of the event.

A 30-second commercial during the Oscars telecast costs $2 million: This is 64% less than the cost of a Super Bowl commercial, according to WalletHub.

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The red carpet dresses of an A-list actress is estimated to cost $10 million: Actor Cate Blanchett wore the most expensive Oscars look ever when she won best actress in 2014, valued at a total of $18.1 million. On the other hand, the average attendee’s look costs around $1.5 million, according to WalletHub.

The Oscars gift bag contains approximately $225,000 worth of goodies: The six-figure gift bag includes a $250 meditation headband, a plastic surgery consultation, a vape cartridge finished with 24-karat gold, a $360 acupuncture device, and a three-night stay at the Pater Noster lighthouse on the island of Hamneskar off Sweden’s west coast, according to Hello Giggles, reports Business Insider.

32% of the nominees are women this year, the highest percentage in Oscars history: This year, 70 women received a total of 76 nominations.

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For the first time, two women have been nominated for best director: Emerald Fennell and Chloe Zhao are top nominees.

Leslie Odom Jr. is the fourth person – and the first man – to receive both acting and song nominations for the same movie: Odom Jr. is nominated for best supporting actor and best original song for “One Night in Miami.”

Steven Yeun is the first Asian-American nominee for best actor: Yeun is nominated for best actor for his role in ‘Minari’

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Viola Davis, who is nominated this year for best actress for her role in “Ma Rainey’s Black Bottom,” is the most-nominated Black actress in Oscars history

Nine actors of color have been nominated for awards this year, which is the most in Oscars history.