Yesterday, iHeartRadio announced it would honor the best in various genres of music with it’s first iHeartRadio Music Awards. The show will air on NBC on May 1, 2014. The iHeartRadio Music Awards will include live performances, never-before-seen collaborations, celebrity guest appearances and live award presentations. Votes will be determined by how many times fans have thumbed up favorite songs, created stations, used Shazam to discover music, and posted about favorite artists on Facebook and Twitter.

Each voting category initially features 10 nominees – listeners will then narrow down to five finalists during a four-week period, with the finalists to be announced during a one-hour special live event on March 26, 2014 at the iHeartRadio Theater in Los Angeles. Fans will then vote over the next several weeks, to determine the winners in each category.

Check out the list of award categories, as well as nominees (so far) below:

ALT Rock Song of the year:
Come A Little Closer – Cage The Elephant
Do I Wanna Know – Artic Monkeys
Pompeii – Bastille
Radioactive – Imagine Dragons
Royals – Lorde
Sweater Weather – The Neighbourhood
Demons – Imagine Dragons
Safe And Sound – Capital Cities
Out Of My League – Fitz & The Tantrums
Ways To Go – Grouplove

Song of the Year:
Royals – Lorde
Mirrors – Justin Timberlake
Roar – Katy Perry
Wake Me Up – Avicii f/Aloe Blacc
The Monster – Eminem f/Rihanna
When I Was Your Man – Bruno Mars
Hold On We’re Going Home – Drake f/Majid Jordan
Stay – Rihanna f/Mikky Ekko
Blurred Lines – Robin Thicke f/T.I. & Pharrell
Radioactive – Imagine Dragons

Best Lyrics:
Wrecking Ball – Miley Cyrus
Crooked Smile – J. Cole f/TLC
Royals – Lorde
Just Give Me a Reason – P!nk f/Nate Ruess
Wake Me Up – Avicii f/Aloe Blacc
Same Love – Macklemore & Ryan Lewis
Mine Would Be You – Blake Shelton
Say Something – A Great Big World
I Love It – Icona Pop
Demons – Imagine Dragons

Country Song of the Year:
Crash My Party – Luke Bryan
It Goes Like This – Thomas Rhett
That’s My Kind of Night – Luke Bryan
Mine Would Be You – Blake Shelton
Runnin’ Outta Moonlight – Randy Houser
Boys Round Here – Blake Shelton
Wagon Wheel – Darius Rucker
Get Your Shine On – Florida-Georgia Line
Highway Don’t Care – Tim McGraw w/Taylor Swift
Night Train – Jason Aldean

Artist of the Year:
Bruno Mars
Rihanna
Maroon 5
Justin Timberlake
Macklemore & Ryan Lewis
P!nk
Katy Perry
Imagine Dragons
Robin Thicke
Taylor Swift

EDM Song of the Year:
Wake Me Up – Avicii f/Aloe Blacc
Clarity – Zedd f/Foxes
What It Feels Like – Armin Van Buuren
I Need Your Love – Calvin Harris f/Ellie Goulding
Alive – Krewella
Get Lucky – Daft Punk f/Pharrell
Sweet Nothing – Calvin Harris f/Florence Welch
Summertime Sadness – Lana Del Rey f/Cedric Gervais
Harlem Shake – Baauer
Stay the Night – Zedd f/Hayley Williams

Hip-Hop/R&B Song of the Year:
Pour It Up – Rihanna
Power Trip – J. Cole f/Miguel
Started From The Bottom – Drake
I Luv This S**T – August Alsina
Crooked Smile – J. Cole f/TLC
Hold On We’re Going Home – Drake f/Majid Jordan
Blurred Lines – Robin Thicke f/T.I. & Pharrell
Bad – Wale f/Tiara Thomas
Holy Grail – Jay-Z f/Justin Timberlake
All Me – Drake f/2 Chainz & Big Sean

Best Fan Army:
Justin Bieber
One Direction
Taylor Swift
Demi Lovato
Lady Gaga
Ariana Grande
Katy Perry
Austin Mahone
Miley Cyrus
Rihanna

Best Collaboration:
Wake Me Up – Avicii f/Aloe Blacc
The Monster – Eminem f/Rihanna
Blurred Lines – Robin Thicke f/T.I. & Pharrell
Stay – Rihanna f/Mikky Ekko
Suit & Tie – Justin Timberlake f/Jay-Z
Get Lucky – Daft Punk f/Pharrell
Just Give Me A Reason – P!nk f/Nate Ruess
Holy Grail – Jay-Z f/Justin Timberlake
Hold On We’re Going Home – Drake f/Majid Jordan
Timber – Pitbull f/Ke$ha

Best New Artist:
Macklemore & Ryan Lewis
Imagine Dragons
Florida Georgia Line
Lumineers
Lorde
Zedd
Capital Cities
Kendrick Lamar
Icona Pop
Passenger

Miley Cyrus’ antics have been working, as can be seen by the former Disney star’s position on the US Album’s Chart. Miley’s first RCA release came in at number one, selling 270,000 units in the first week ending October 13th. The album, “Bangerz” is her 6th number one album, but her first three were under the Hannah Montana name.

“Bangerz” is the 7th new album on the US top ten. Panic at the Disco came in at number two with “Too Weird to Live, Too Rare to Die,” which sold 84,000. Pusha T’s “My Name is My Name,” surfaced at number 4 with 75,000 sold.

Last week’s emotional tribute to Cory Monteith on “Glee” led the soundtrack to the top 10 for the first time in two years. The episode’s soundtrack landed at number 7 with 47,000 sold. Korn’s album “The Paradigm Shift” debuted at number 8. Following at number 9 was “The Voice” champion Cassadee Pope with her first full-length solo album, “Frame by Frame.” Mayday Parade rounded off the top 10 with their fourth release, “Monsters in the Closet,” which is a best for the band.

The holdovers this week are Drake’s “Nothing Was the Same” (No. 3), Justin Timberlake’s “The 20/20 Experience: 2 of 2″ (No. 5), and Lorde’s “Pure Heroine” (No.6).

Justin Timberlake scored his second number one album in less than a year on the Billboard 200 albums chart. His latest release, “The 20/20 Experience, 2 of 2,” sold 350,000 last week, according to Nielsen SoundScan. This week’s release units sold is a steep decline from Timerblake’s first part of “The 20/20 Experience,” which sold a remarkable 968,000 units. But, Timberlake is the only act in 2013 to sell 300,000 copies in a week of two different albums.

Drake’s “Nothing Was the Same,” slipped to number two in it’s second week, selling 148,000 units. New Zealand-bred 16 year old, Lorde, landed at number three with her debut album, “Pure Heroine,” with 129,000 unites. In number four is Luke Bryan’s “Crash My Party.” Also on the country side in number five is Tyler Farr’s “Redneck Crazy.”

Sister act HAIM’s first full-length album “Days are Gone” debuted at number 6 (Number 2 on the Alternative charts). And to round off the top 10 are holdover albums:

7. Kings of Leon “Mechanical Bull” (26,000)
8. Cher “Closer to the Truth” (25,000)
9. Jack Johnson “From Here to Now to You” (20,000)
10. Elton John “Diving Board” (19,000)

CBS Films has released a new trailer for the upcoming Coen brothers movie “Inside Llewyn Davis,” starring Oscar Issac, Carey Mulligan, John Goodman, Garrett Hedlund, F. Murray Abraham and Justin Timberlake. The film follows young folk singer, Llewyn Davis, as he navigates New York City in the winter of 1961.

The soundtrack, produced by T Bone Burnett, includes music performed by Isaac, Mulligan, Marcus Mumford and Timberlake.

The film will close the AFI Film Festival  in mid November, and will open in limited theaters December 6th.