Winning isn’t everything, but for many films taking home an Oscar is the difference between entertaining an audience and finding a place in history. The Academy Awards have long stood as the benchmark for achievement in filmmaking. No amount of box office success or critical praise can make up for that moment when an actor, director or writer hears his or her name. In the early days of the Academy, filmmakers like Frank Capra set a precedent for repeated success. Many stars (both in front of and behind the camera) became Academy favorites while some, despite numerous nominations, would remain Oscar hopefuls. After almost ninety years of elation and heartache, alliances and feuds, favorites and underdogs, “And the winner is…” remain the most anticipated four words in movies.