The Billboard Music Awards is an annual awards show that honors the most popular artists and songs in the music industry, based on Billboard magazine's charts. Established in 1990, the awards recognize achievements in various genres, celebrating both established and emerging talent. Winners are determined by a combination of sales data, radio play, and online streaming, making the awards a reflection of current music trends. The event features live performances and appearances from top artists, creating a vibrant atmosphere that showcases the best in music entertainment.