Well, grep is a separate program (which you could also use). In Emacs, you'd use the function search-forward-regexp, which you can run using either M-x (hold Meta, usually Alt key, and press x) and then type search-forward-regexp and press Return.
You'll then need to key in the regexp to search. Put simply, it seems like you want to ignore |< something >, which in Emacs's variety of regexes is:
|<[a-z]+>
so you might search for e.g.
a|<[a-z]+> comedy|<[a-z]+> show|<[a-z]+>
You can create a Lisp function to convert a string this way, by splitting it on spaces and adding the regex sequences:
(defun find-string-in-funny-file (s) ; Define a function
"Find a string in the file with the |<foo> things in it." ; Document its purpose
(interactive "sString to find: ") ; Accept input if invoked interactively with M-x
(push-mark) ; Save the current location, so `pop-global-mark' can return here
; (usually C-u C-SPC)
(goto-char 0) ; Start at the top of the file
(let ((re (apply #'concat ; join into one string…
(cl-loop
for word in (split-string s " ") ; for each word in `s'
collect (regexp-quote word) ; collect that word, plus
collect "|<[a-z]+> ")))) ; also the regex bits to skip
(search-forward-regexp ; search for the next occurrence
(substring re 0 (- (length re) 2))))) ; after removing the final space from `re'
You can explore what those functions each do in the (online) Emacs Lisp manual; for example, pick from the menu "Help→Describe→Function" or press C-h f (Control+h, then f) and type interactive (RET) for the manual's documentation of that special form.
If you paste the above (defun) into the *scratch* buffer, and position the cursor after the final ) at the end, you can press C-j to evaluate it, and the function will remain with you until you close Emacs.
If you save it in a file named something .el, you can use M-x load-file to load it again in future.
If you then load your "funny" file, and type M-x find-string-in-funny-file, it'll search your file for your string, and leave the cursor on the string. If it's not found, you'll see a message to that effect.
BUGS: The function is less than spectacular style