Complex sentence: The "New World Translation of the Holy Scriptures" (NWT) is a translation of the Bible published by the Watch Tower Bible and Tract Society in 1961; it is used and distributed by Jehovah's Witnesses.
Split into simpler sentences: The "New World Translation of the Holy Scriptures" (NWT) is, in the view of Jehovah Witnesses, a translation of the Bible. Published by the Watch Tower Bible and Tract Society in 1961, it is used and distributed by Jehovah's Witnesses.