Grammy Awards are presented by The Recording Academy to recognize achievement in the music industry . The Grammys are the first and biggest award of the Big Three networks ’ major music awards held annually ( between the American Music Awards in fall , and Billboard Music Awards in summer ).
The first Grammy Awards ceremony was held on May 4 , 1959 , to honor and respect the musical accomplishments by performers for the year 1958 . The annual presentation ceremony features performances by prominent artists , and the presentation of those awards that have a more popular interest .
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It shares recognition of the music industry as that of the other performance awards such as the Academy Awards ( film ), the Emmy Awards ( television ), and the Tony Awards ( theater ).