1) There is such a thing. Cool, right?
2) They were recently held for the 2010-ish year of cinema.
There aren’t a ton of awards. It’s more a cool way to end the annual Ghent International Film Festival. However, one of our favorite composers Hans Zimmer received Best Original Film Score of the Year for Inception, an award he very much deserved. As a reminder, Hans Zimmer and James Newton Howard were rudely and scandalously disqualified from all competition for 2008’s The Dark Knight due to having credited some of their associates for helping come up with pieces of the score (the Academy determined too many composers had worked on it for it to be eligible – utterly stupid, considering the other four composers all admitted Zimmer and Howard came up with 90+% of it and that it’s common practice to bring others into the process). Hopefully the same ridiculousness won’t happen for The Dark Knight Rises, on which he is sole composer.
Randy Newman won Best Original Song written for Film for “We Belong Together” from Toy Story 3. Alexander Desplat, who most will know from his work on Harry Potter and the Deathly Hallows Part 1 & 2 won Film Composer of the Year for the third year in a row. He also scored The King’s Speech and is apparently more awesome than most moviegoers realize.
Check out the press release here.