Complex sentence: Takashi Murakami, under the guidance of Kanye West, created the music video for Good Morning based on the various album artwork for "Graduation" which was also created by Murakami.
Split into simpler sentences: Takashi Murakami, under the guidance of Kanye West, created the music video for Good Morning. It is based on the various album artwork for "Graduation", which was also created by Murakami.