Simplify the following text for a Grade 11 native English-speaking person.
Original: The annual formal ceremony and dinner at which the awards are presented is a major part of the film industry 's awards season , which culminates each year with the Academy Awards .
Simplified: The Golden Globe Awards are American awards for motion pictures and television programs , given out each year during a formal dinner . Run since 1944 by the Hollywood Foreign Press Association ( HFPA ) , the awards are a major part of the film industry 's `` awards season '' which ends each year with the Oscars and Screen Actors Guild Awards .