Grammy Awards are presented by The Recording Academy to notable achievement in the music industry. The first Grammy Awards ceremony was held on May 4, 1959.
The annual televised awards ceremony features performances by prominent artists as well as the formal presentation of awards that have a more popular interest.
The Grammys are the second of the Big Three major music awards held annually (between the American Music Awards in the Fall, and the Billboard Music Awards in the Summer) and is held in regard as highly as other notable media industry awards such as the Academy Awards (film), the Emmy Awards (television), and the Tony Awards (theater).
In 2000 the Staples Center became the permanent home of the award ceremonies and The Grammy Museum was built across the street to showcase the history of the awards.