The Parsec Awards are a set of annual awards created to recognize excellence in science fiction podcasts and podcast novels. The awards were created by Mur Lafferty, Tracy Hickman, and Michael R. Mennenga and awarded by FarPoint Media. They were first presented in 2006 at DragonCon.
Nominations are accepted from the listening public annually in each of the categories. The list is vetted for eligibility by the steering committee, before producers are invited to submit samples of work for consideration by a panel of judges. The panel reduces the list of nominees to five finalists in each category. The finalists' work is submitted for judging and the winner is selected by that panel of authors, podcasters, and others knowledgeable in the field of speculative fiction, podcasting, and/or publishing.