James Francis from TheMovies has a go at awards ceremonies in general
"There is no valid reason to sit through an awards ceremony. Well, actually there are three: you are nominated, you paid for the whole thing or you work as a caterer. Nobody else has any need to attend to these things. Nobody even has reason to pay attention. If you could bottle pointless self-importance and spill it on a red carpet, an awards ceremony will grow from the spot."