Complex sentence: Later Monogram very nearly hit the big time with King Brothers Productions' "Dillinger", a sensationalized crime drama that was a runaway success in 1945, and received Monogram's first major Academy Award nomination, for Best Original Screenplay.
Split into simpler sentences: Later Monogram very nearly hit the big time with "Dillinger", a sensationalized crime drama that was a runaway success in 1945. It received Monogram's first Academy Award nomination, for Best Original Screenplay.