It’s awards season, and while praiseworthy films like The Social Network and The King’s Speech are all critics and press can talk about, comedy is generally consistently overlooked at the Oscars. And while the Golden Globe offers an award for Best Musical or Comedy, it’s nearly impossible to compare the two evenly, and The Hollywood Foreign Press nominates laughless films like The Tourist in that category anyway. Well Comedy Central and MTV Networks have had enough of that nonsense. While laughter might be the best reward for any comedian, the two networks have decided to create The Comedy Awards, a broadcast awards event to honor the best comedy films, actors, TV series, digital content and stand-up acts. It’s about damn time.

More details on the new annual awards show can be found after the jump.