Why does the entertainment industry have so many award shows?

No, the best thing about it is Stephen Fry, slipping the sly innuendo and odd bizarre comment into his host banter or the sort that would never be allowed at the Oscars.

“This is a night of firsts - it’s the first time that Billy Connolly has been fully clothed in public”.

“As the Archbishop of Canterbury likes to say on these occasions, that’s enough tedious w**k from me, let’s party.”

“[Kate Winslet is] a woman whose pop socks I am not worthy, nor frankly very disposed, to suck.”

Except for the “big four,” most awards shows on TV are there for the performances more than the awards themselves. (As I like to quip, one of these days, there’s going to be an “awards show” consisting entirely of performances, with either the award winners listed in a crawl at the end, or a website where you can see the winners.) Nobody really cares who wins an MTV Movie award, and, IIRC, Jack Black once mocked the Kids Choice Awards during either the Oscars or the Emmys.

The only “smaller” awards shows that people tend to notice are the ones right before the Oscars, because they think that they will help predict the Oscar winners. For example, I don’t think anybody considered Argo a serious Best Picture Oscar contender until it started winning a number of other awards - although who knows how many of them were given as consolation prizes for Ben Affleck not getting an Oscar nomination.

Even then, only the film awards get noticed; does anybody really care who wins a Golden Globe for a TV show? I think the one case was when America Ferrara won for the first season of Ugly Betty (only for Tina Fey to win the Emmy eight months later).

Plus his line at the end about the most fun without using water-based lubricants.

There3 was also something else earlier I didn’t quite catch about young boys …