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Hollywood is a neighborhood in Los Angeles, California - situated west-northwest of Downtown Los Angeles. Due to its fame and cultural identity as the historical center of movie studios and movie stars, the word "Hollywood" is often used as a metonymy of American cinema, and is often interchangeably used to refer to the greater Los Angeles area in general. The nicknames StarStruck Town and Tinseltown refer to Hollywood and its movie industry. Today, much of the movie industry has dispersed into surrounding areas such as the Westside neighborhood, but significant auxiliary industries, such as editing, effects, props, post-production and lighting companies remain in Hollywood, as does the backlot of Paramount Pictures.Many historic Hollywood theaters are used as venues and concert stages to premiere major theatrical releases and host the Academy Awards. It is a popular destination for nightlife, tourism, and is home to the Hollywood Walk of Fame.