BURBANK, CALIFORNIA - APRIL 09:  General view of stage during the 2016 MTV Movie Awards at Warner Bros. Studios on April 9, 2
Emma McIntyre/Getty Images for MTV

The American institution known as the MTV Movie Awards, founded in 1992, will now be a new American institution called the MTV Movie & TV Awards. The change goes into effect on May 7, when the ceremony will return to a live format and broadcast from L.A.'s Shrine Auditorium. (Last year was the first pre-taped show in a decade.)

“We’re living in a golden age of content, and great storytelling and characters resonate regardless of whether you’re watching it in a theater or on TV,” says MTV president Chris McCarthy. “The new MTV Movie & TV Awards will celebrate even more of the brightest, bravest, funniest and most shared films and TV shows resonating across youth culture.”

Deadline writes that, coming up to the big day, MTV "will host its inaugural 'Movie and Television Festival' for fans with live musical acts, special guests and food outside of The Shrine Auditorium.

The 2016 MTV Movie Awards were hosted by Dwayne "The Rock" Johnson and Kevin "The Comedian" Hart; Star Wars: The Force Awakens won Best Movie. The preceding years were emceed by Amy Schumer, Conan O'Brien and Rebel Wilson.

While you've got MTV on the brain, listen to the Besterday podcast's celebration of Daria's 20th anniversary: