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The status of the awarder, be it an personality, government or an organization, and for which reason it is being given are some of the deciding factors for the popularity of the award. Some of the popular awards across the world are Nobel Prize, Oscars, Pulitzer Prize, Booker Prize and Magsaysay awards.

Some of the awards are so accepted that they develop into the identity of their recipient like those who have won Nobel Prize are known as Nobel laureates. Nobel Laureate is added before their name to signify their involvement and status in the society.

Oscars or Academy Awards:

The Academy has around 6,000 voting members, of which actors represent the largest group, who elect the winners. These voting members represent 15 disciplines in motion pictures. The members can nominate only in their respective disciplines though they can submit nominees for the Best Picture. In the second round, all the members have to cast their vote in all categories. The nominee getting the most votes is declared the winner. The selection method is tabulated by PricewaterhouseCoopers, an auditing firm.

Oscars, which was televise for the first time by NBC, has been telecast by ABC network since 1976 as it has got the broadcast rights for the awards till the year 2014. Primarily, the venue of the Oscars kept changing from Hollywood to Los Angeles but now the everlasting venue of the Award ceremony is the Kodak Theatre in Hollywood, which is spread over 640,000 square feet and includes retail, restaurants, nightclubs, other establishment and a six-screen cinema.

Grammy Awards:

Instituted by the US-based National Academy of soundtrack Arts and Sciences (NARAS) in 1958, the awards are known every year for wonderful payment in the documentation industry. The awards were earlier known as the Gramophone Awards due to its monument which was a small, gilded record player.

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