Hugo Gernsback
The Hugo Awards or "Hugos" are the annual achievement awards presented at the World Science Fiction Convention, selected in a process that ends with vote by current Convention members. They originated and acquired the "Hugo" nickname during the 1950s and were formally defined as a convention responsibility under the name "Science Fiction Achievement Awards" early in the 1960s. The nickname soon became almost universal and its use legally protected; "Hugo Award(s)" replaced the longer name in all official uses after the 1991 cycle.
World Fantasy Award
The awards have been described by book critics such as "The Guardian" as a "prestigious fantasy prize", and one of the three most prestigious speculative fiction awards, along with the Hugo and Nebula Awards (which cover both fantasy and science fiction). In 2010 multiple winner George R. R. Martin described winning the Hugo, Nebula, and "the prestigious World Fantasy Award" as the "triple crown". Others have also noted the award's prestige in the field, such as Tachyon Publications and 2014 Best Anthology winner Gardner Dozois. Stephen Jones of the "Best New Horror" series has said that winning the anthology award for their first volume in 1991 helped "establish the series among readers and some publishers" in multiple countries. Winners such as Nnedi Okorafor—Best Novel in 2011—have described the award as "one of my greatest honors as a writer". Editor and bookseller Rick Klaw in 2007, however, noted that the consensus at the time "in the bookselling community" was that winning the novel category did not have any effect on sales and did not help keep the book in print, with 57 percent of prior winners out of print, compared to 23 percent of Hugo Award winners from the same time period.