The USC School of Cinematic Arts (formerly the USC School of Cinema-Television, or CNTV) is a private film school within the University of Southern California in Los Angeles, in the U.S. state of California. It is the oldest and largest such school in the country, established in 1929 as a joint venture with the Academy of Motion Picture Arts and Sciences, and is widely recognized as one of the most prestigious film programs in the world. The school offers multiple undergraduate and graduate programs covering production, screenwriting, critical studies, animation and digital arts, and interactive media & games. Additional advanced programs include the Media Arts and Practice PhD Program, the Peter Stark Producing Program, and the Business of Entertainment (offered in conjunction with the USC Marshall School of Business MBA Program). The acceptance rate to the School of Cinematic Arts has consistently remained between 4-5% for the past several years, giving the school a lower acceptance rate than Harvard University, Stanford University and Yale University.