The Obies and Tonys are two of the most prestigious awards in the theatrical world. The Obies, or the Obie Awards, are presented annually by The Village Voice newspaper to honor Off-Broadway productions. The Tonys, or the Tony Awards, are presented annually by the American Theatre Wing and The Broadway League to honor Broadway productions. Both awards recognize excellence in theatre, with categories such as Best Play, Best Musical, Best Performance by an Actor/Actress, and more.