Complex sentence: At the end of 2001, Icelandic post-rock band Sigur Rós became the first recipients following an award ceremony at the Hollywood Knitting Factory, in which nominated acts who could not perform live had music videos played.
Split into simpler sentences: At the end of 2001, Icelandic post-rock band Sigur Rós became the first recipients following an award ceremony at the Hollywood Knitting Factory. Nominated acts who could not perform live had music videos played.