The Golden Raspberry Awards (also known as the Razzies and Razzie Awards) is a parody award show honoring the worst of cinematic failures. Co-founded by UCLA film graduates and film industry veterans John J. B. Wilson and Mo Murphy, the Razzie Awards' satirical annual ceremony is predated by its progenitor, the Academy Awards, by five decades. The term raspberry is used in its irreverent sense, as in "blowing a raspberry". The statuette is a golf ball-sized raspberry atop a Super 8mm film reel atop a 35-millimeter film core with brown wood shelf paper glued and wrapped around it—sitting atop a jar lid spray-painted gold. The Golden Raspberry Foundation has claimed that the award "encourages well-known filmmakers and top-notch performers to own their bad." The first Golden Raspberry Awards ceremony was held on March 31, 1981, in John J. B. Wilson's living-room alcove in Hollywood, to honor the perceived worst films of the 1980 film season. Sylvester Stallone has the most Razzies, with 12. Source: Wikipedia (en)