The Tony Award is a prestigious accolade presented annually to recognize excellence in Broadway theater. Established in 1947, it honors outstanding achievements in various categories, including acting, directing, and design. The awards are named after Antoinette Perry, an actress and director who was a key figure in American theater. The Tony Awards are typically held in June and are broadcast live on television, attracting a wide audience. Winners are selected by the American Theatre Wing and the The Broadway League, based on votes from industry professionals. The awards celebrate the vibrant and diverse world of live theater in New York City.