I think they give awards for videos on other channels or something, VH1 still has a few videos I think, personally I haven't watched either of those channels in 10 years.
I remember visiting my Sister in Cali when about 10 and MTV had just started literally like that day, I remember watching the "VJ" and them talking about the station over and over and all the iconic MTV cut in and outs.
the first promo I remember them having