The 73rd Academy Awards ceremony, presented by the Academy of Motion Picture Arts and Sciences (AMPAS), honored the best of 2000 in film and took place on March 25, 2001, at the Shrine Auditorium in Los Angeles, beginning at 5:30 p.m. PST / 8:30 p.m. EST. During the ceremony, AMPAS presented Academy Awards in 23 categories. The ceremony, televised in the United States by ABC, was produced by Gil Cates and was directed by Louis J. Horvitz. Actor Steve Martin hosted the show for the first time. Three weeks earlier in a ceremony at the Regent Beverly Wilshire Hotel in Beverly Hills, California held on March 3, the Academy Awards for Technical Achievement were presented by host Renée Zellweger.

Crouching Tiger, Hidden Dragon is a 2000 wuxia martial arts action adventure film directed by Ang Lee and written for the screen by Wang Hui-ling, James Schamus, and Tsai Kuo-jung. The film stars Chow Yun-fat, Michelle Yeoh, Zhang Ziyi, and Chang Chen. It is based on the Chinese novel of the same name, serialized between 1941 and 1942 by Wang Dulu, the fourth part of his Crane Iron pentalogy.