The 48th Academy Awards were presented Monday, March 29, 1976, at the Dorothy Chandler Pavilion in Los Angeles, California.

The ceremonies were presided over by Walter Matthau, Robert Shaw, George Segal, Goldie Hawn, and Gene Kelly.

Miloš Forman's One Flew Over the Cuckoo's Nest made a "clean sweep" of the five major categories: Best Picture, Best Actor, Best Actress, Best Director and Best Screenplay (Adapted).

NBC's coverage of the NCAA championship basketball game aired opposite the ceremony; during the presentation of the Best Film Editing award, the winner was jokingly announced by presenter Elliott Gould as "Indiana, 86-68," after the undefeated Indiana Hoosiers had won the NCAA title that night in Philadelphia.

[2] The following individuals, listed in order of appearance, presented awards or performed musical numbers: