A Grammy Award (stylized as GRAMMY, originally called Gramophone Award), or Grammy, is an award presented by The Recording Academy to recognize achievements in the music industry. The trophy depicts a gilded gramophone. The annual presentation ceremony features performances by prominent artists, and the presentation of those awards that have a more popular interest. The Grammys are the second of the Big Three major music awards held annually (between the American Awards in the Fall, and the Billboard Music Awards in the Summer). 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). The first Grammy Awards ceremony was held on May 4, 1959, to honor and respect the musical accomplishments by performers for the year 1958.