Complex sentence: In 1967, Hogwood founded the Early Music Consort with David Munrow, and in 1973 he founded the Academy of Ancient Music, specializing in performances of Baroque and early Classical music with period instruments.
Split into simpler sentences: In 1967, Hogwood co-founded the Early Music Consort with David Munrow. In 1973 he founded the Academy of Ancient Music, which specializes in performances of Baroque and early Classical music using period instruments.