An awards ceremony is a sort of event where prizes are given out. The event might be hosted by a government agency, an organization, a school, a trade association, or even a corporation that specializes in award ceremonies. A master of ceremonies usually presents prize recipients, addresses the audience, entertains guests, and keeps the event moving. In Ancient Greece, annual competitions for tragedy and comedy were organized, with the wealthier citizens supporting them. The awards included the best play, best production, and best performance. In the early Olympic Games, there were two prize ceremonies. The judges presented palm branches to the winners of each event. On the last day of the games, the event champions were announced and crowned with olive garlands. No medals were given out to the runners-up since they were deemed insignificant, and only the winner was proclaimed. In order to be acknowledged as winners, athletes would regularly risk enormous fines and pay judges. The main American media awards have developed from humble origins into big prime-time televised spectacles. In 1929, the Academy of Motion Picture Arts and Sciences hosted its first awards ceremony at the Hollywood Roosevelt Hotel, three months after the winners were revealed. The Oscar statuettes for best film, best actress, and best actor were awarded during a 15-minute ceremony. The Golden Globe Awards were formed in 1944 by the Hollywood Foreign Correspondents Association, a group of eight journalists. At a luncheon at 20th Century Fox, they planned to present prizes for best picture, best actress, and best actor. The inaugural Tony Awards ceremony for theatrical plays and musicals was held at the Waldorf Astoria in New York in 1947. The Academy of Television Arts and Sciences presented the inaugural Emmy Awards in 1949 at the Hollywood Athletic Club. Volare won Best Single at the first Grammy Awards, which were awarded by the National Academy of Recording Arts and Sciences in 1958. The inaugural Nickelodeon Kids’ Choice Awards were shown in 1988. Since its inception in 2014, the Game Awards, a video game industry awards ceremony, has been live-streamed on YouTube and Twitch every year.