The Tony Awards are annual awards that honor excellence in Broadway theater. The awards are presented by the American Theatre Wing and The Broadway League, and were first presented in 1947. The awards recognize achievements in a variety of categories, including acting, directing, writing, and design, and are considered the highest honor in the Broadway theater industry. The Tony Awards are widely respected in the theater world and are considered a prestigious honor for artists and productions. The awards are typically presented in June each year in a ceremony that is broadcast live on television.