Marc Malkin Senior Film Awards, Events & Lifestyle EditorThe Academy of Motion Picture Arts and Sciences is stepping out for LGBTQ Pride.Variety can exclusively report that the Academy will march for the first time in the Los Angeles Pride Parade on June 12 in Hollywood.

A giant Oscar statuette will be along for the ride on a specially-designed trolley.“We’re proud and excited the Academy will participate in the L.A.

Pride March this year for the first time,” Academy vice president of impact and operations Jeanell English said in a statement. “Our presence this weekend at the parade helps foster our goal of creating and sustaining an inclusive, safe film community where our LGBTQ+ employees, Academy members and artists around the world are visible, engaged and valued.” About 75 people, including Academy leadership, staff and their families, are expected to participate.In conjunction with the Academy Museum, marchers will be wearing t-shirts emblazoned with Oscar statuettes across the front in each color of the pride flag while handing out branded swag to attendees.