Los Angeles is the second largest city in America, famous for being the capital of the world's movie production industry located in its suburb Hollywood. Hollywood is home to major film studios and also where many celebrities live in neighborhoods like Beverly Hills and Malibu, the latter being known for its beautiful beaches. Important sites in Hollywood include famous movie theaters on Hollywood Boulevard like Mann's Chinese Theatre and the Egyptian Theater, as well as the Kodak Theater where the Oscars ceremony takes place each year.