It is the culmination of the film awards season, which usually begins during November or December of the previous year.
ɪɾ ɪz ðə kˌʌlmᵻnˈeɪʃən ʌvðə fˈɪlm ɐwˈɔːɹdz sˈiːzən, wˌɪtʃ jˈuːʒuːəli bɪɡˈɪnz dˈʊɹɹɪŋ noʊvˈɛmbɚ ɔːɹ dᵻsˈɛmbɚɹ ʌvðə pɹˈiːviəs jˈɪɹ.