According to a newswire, King is the third black actress to win both an Oscar and a Primetime Emmy, joining Halle Berry and Viola Davis.
Directed and written by Barry Jenkins, 'If Beale Street Could Talk' is based on James Baldwin's novel of the same name.
The 'Jerry Maguire' actress, who was escorted to the stage by Chris Evans so that she doesn't slip on the steps, thanked her mother -- her date at the Academy Awards here on Sunday -- and Baldwin, in her acceptance speech.
"James Baldwin birthed this baby. And Barry, you nurtured her, surrounded her with so much love and support. So, it's appropriate for me to be standing here, because I'm an example of what it looks like when support and love is poured into someone.