VGW: In 1929 a bunch of Hollywood honchos decided that an awards ceremony was necessary to honor the outstanding achievements in the film industry. The ceremonies continued to grow, as did their awards, to reflect the amazing art form that was film. The Academy Awards are now broadcast to millions of people around the world, as we watch hundreds of stars receive 25 different awards (not including the pre-show awards.
As the video game industry continues to push the envelope of story telling, graphics, music and moves further to establishing itself as an art, it only made sense that we should have an awards show. The problem is, we don't have the one we deserve.