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axumblade said:

IGN posted that this Game Awards were about 18% awards and that checks out. They really need to do a Winter Fest and focus more on the awards than everything else. A few trailers are cool to keep the flow but when you are announcing 3 games in a row and then just spitfire award winners, it’s probably not the best formatting. 

The issue with it just being awards, or even mostly, is that isn't what people want anymore. Maybe back in the day, but viewer numbers for award shows have dropped in parallel to an increased politicizing of the platform by winners or other speakers. The less these people have time to speak, the less political they can get, and the less viewers will get offended.

There are others where the politics don't impact them, but they just don't want to watch it. Having dozens of world premiers is probably why 90% of the people watch this. It's just good business sense, even if award show purists don't like it.