From 1949 through 1959, the theater hosted the American motion picture industry's annual Academy Award Ceremonies. In 1949, Howard Hughes acquired the Hollywood Pantages for his RKO Theatre Circuit and moved his personal offices to the building's second floor. But like other theaters during the Great Depression, it was forced to economize and thereafter operated primarily as a movie theater, though live entertainment was presented occasionally.Īlexander Pantages sold the Hollywood landmark in 1932 to Fox West Coast Theaters. The Pantages Theatre Circuit was part of vaudeville, and the new Hollywood theater programmed first-run movies alternating through the day with vaudeville acts for its first two years.
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