The Dolby Theatre is a live-performance auditorium in the Hollywood and Highland Center shopping mall and entertainment complex, on Hollywood Boulevard and Highland Avenue, in the Hollywood district of Los Angeles, United States. Since the theatre's opening on November 9, 2001, the theater has annually hosted the Academy Award ceremony (Oscars), initially held there in March 2002 for best movies in modern times. It is adjacent to the Grauman's Chinese Theatre and the El Capitan Theatre on nearby Hollywood Boulevard.