Complex sentence: Formerly titled the W. C. Handy Awards, the International Blues Awards are presented by the Blues Foundation (headquartered in Memphis) for Blues music achievement, with weeklong competitions and an awards banquet including a night of performance and celebration.
Split into simpler sentences: Formerly titled the W. C. Handy Awards, the International Blues Awards are presented by the Blues Foundation (headquartered in Memphis) for Blues music achievement. Weeklong playing competitions are held, as well as an awards banquet including a night of performance and celebration.