"Hooray for Hollywood" is a song first featured in the 1937 movie Hollywood Hotel, and which has since become (together with "That's Entertainment" and "Another Op'nin', Another Show") the staple soundtrack element of any Academy Awards ceremony. It is even frequently played during non-American movie ceremonies, e.g. the French César Awards. The popularity of the song is notably due to the lyrics by Johnny Mercer, which reference the American movie industry and satirize the illusory desire of many people to become famous as actors.
The music was composed by Richard A. Whiting. In the original movie it was sung by Johnnie Davis and Frances Langford, accompanied by Benny Goodman and his orchestra.
Lyrics can be difficult to fully understand today, as they refer to people (e.g. Aimee Semple) or cultural elements (e.g. rotos) which have since been forgotten. The lyrics have also evolved over the years. Notably, the line "where any shopgirl can be a top girl, if she pleases the tired businessman" vanished quite quickly, and is absent from the 1958 Doris Day version, having been replaced with "and any barmaid can be a star made if she dances with or without a fan" The latter part of the line refers to Sally Rand and her fan dance. Today the song is performed mostly as a melody.