The Grammy Awards (stylized as GRAMMY), or simply known as the Grammys, are awards presented by the Recording Academy of the United States to recognize "outstanding" achievements in the music industry. They are regarded by many as the most prestigious and significant awards in the music industry worldwide. They were originally called the Gramophone Awards, as the trophy depicts a gilded gramophone. The Grammys are the first of the Big Three networks' major music awards held annually, and are considered one of the four major annual American entertainment awards with the Academy Awards (for films), the Emmy Awards (for television), and the Tony Awards (for theater). The first Grammy Awards ceremony was held on May 4, 1959, to honor the musical accomplishments of performers for the year 1958. After the 2011 ceremony, the Recording Academy overhauled many Grammy Award categories for 2012. The upcoming 66th Annual Grammy Awards will feature a total of 94 categories.
The Grammys had their origin in the Hollywood Walk of Fame project in the 1950s. As recording executives on the Walk of Fame committee compiled a list of significant recording industry people who might qualify for a Walk of Fame star, they realized that many leading people in their business would not earn a star on Hollywood Boulevard. They determined to rectify this by creating awards given by their industry similar to the Oscars and the Emmys. After deciding to go forward with such awards, a question remained what to call them. One working title was the 'Eddie', to honor Thomas Edison, the inventor of the phonograph. Eventually, the name was chosen after a mail-in contest whereby approximately 300 contestants submitted the name 'Grammy', with the earliest postmark from contest winner Jay Danna of New Orleans, Louisiana, as an abbreviated reference to Emile Berliner's invention, the gramophone. Grammys were first awarded for achievements in 1958.
The first award ceremony was held simultaneously in two locations on May 4, 1959, the Beverly Hilton Hotel in Beverly Hills, California, and the Park Sheraton Hotel in New York City, New York, with 28 Grammys awarded.