The Tony Awards are prestigious accolades presented annually to recognize excellence in Broadway theater. Named after Antoinette Perry, the awards celebrate outstanding achievements in various categories, including acting, directing, and design. They are often considered the highest honor in American theater, akin to the Academy Awards for film. Established in 1947, the Tony Awards have become a significant event in the theater community, showcasing the best productions and performances of the year. The ceremony features live performances from nominated shows, making it a vibrant celebration of the theatrical arts and a key moment for Broadway enthusiasts.