Final answer:
Walt Disney's "Flowers and Trees" was the first film to win a Best Animated Short Oscar and the first to use the three-strip Technicolor process developed by Technicolor.
Step-by-step explanation:
On July 30, 1932, Walt Disney released Flowers and Trees, a significant film in the history of cinema. It was not only the first to win a Best Animated Short Oscar but also the first commercial film to utilize the three-strip Technicolor process.
This innovative color process was developed by Technicolor, a company which played a key role in the advancement of movie technology. The introduction of color films was one of the pivotal moments in the transition from black and white to a world of vibrant cinema that we enjoy today.