Complex sentence: On November 15,2013, Spike TV announced a new format under the name VGX, Calling it "The next generation of the VGAs", the first award show under the new format will air December 7,2013.
Split into simpler sentences: On November 15,2013, Spike TV announced a new format under the name VGX, calling it "The next generation of the VGAs". The first award show under the new format will air December 7,2013.