Don’t ask me what the Governors’ Awards actually are, ask Wikipedia:
The Governors Awards presentation is an annual award ceremony hosted by the Academy of Motion Picture Arts and Sciences (AMPAS), at the Grand Ballroom of the Hollywood and Highland Center, in the Hollywood district of Los Angeles, California. Three awards that signify lifetime achievement within the film industry – the Academy Honorary Award, the Jean Hersholt Humanitarian Award, and the Irving G. Thalberg Memorial Award – are presented at this ceremony. The first Governors Awards ceremony was held on November 14, 2009. Prior to this, these three awards were formally presented during the main Academy Awards ceremony, which now conducts a short mention and appearance of the awards recipients after displaying a montage of the Governors Awards presentation. In the years since, the awards have gained prominence as a major red-carpet destination and industry event.
In other words, the people who run the Oscars thought, “we need MORE AWARDS shows for all our awards,” and the celebrities and agents and managers all thought, “that’s probably a good idea.” I am not complaining. I am here for an early start to awards season, and if Jennifer Lawrence and Emma Stone are this amusing through February, I’ll be okay with that, too.