In similar fashion to their film equivalent (The Academy Awards),
The Grammys is an awards show that honors the achievements of the
members of the professional music recording industry through a voting
system. The members of the Recording Academy vote on who they think is
most deserving of an award in 108 categories as specified by the
academy. Each year the awards are presented during a live telecast that
was begun in 1971 by ABC, but has since been televised by CBS after they
bought it in 1973. They were initially known as the Gramophone Awards
this is because the trophy itself is a golden gramophone but later they
became the Grammys.