The Billboard Music Awards, sponsored by Billboard magazine and held annually in December, is one of several annual United States music awards shows (among the others are the American Music Awards, the Grammy Awards and the Rock and Roll Hall of Fame Induction Ceremony).
The BMAs (second of what are considered the "Big Three" music awards) in the U.S., have been held annually since 1990, and like the AMAs, this awards show honors winners based on popularity—in this case, based on Billboard's year-end music charts, which are based on Nielsen data for sales, downloads and airplay. Awards are given for the top album/artist/single in every genre. Since 1992, the awards also give out a Billboard Century Award -- the magazine's highest honor for creative achievement.
Since its inception (Created by Rick Garson), the BMAs have been telecast on the FOX network; however due to contractual expirations and other unforeseen circumstances, the awards were cancelled for 2007. However, a new version of the awards, produced by Billboard and AEG Live is planned for late 2008.