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What is the difference between a Golden Globe and an Oscar?

The Golden Globe Awards and the Academy Awards (Oscars) both recognize achievement in the film industry. However, the Golden Globes also honor work in television. Another main difference involves voting. Journalists from the Hollywood Foreign Press Association vote for the Globes, while film professionals (actors, directors, etc.) who are members of the Academy of Motion Picture Arts and Sciences determine the Academy Awards. Within the movie industry, Oscars are considered the most prestigious award, and the Golden Globes are often considered second in importance.