Taylor Swift Taylor Swift performs live on "Good Morning America" Oct. 30, 2014. The "1989" singer will also perform at the 42nd annual American Music Awards show where she will receive the first-ever Dick Clark Award for Excellence. Photo: Reuters

Some of the greatest names in music entertainment will take to the stage to celebrate the 42nd annual American Music Awards on ABC Sunday. Hosted by Pitbull, the event kicks off live at 8 p.m. EST.

The 2014 AMAs will reward popular musicians across all genres -- including alternative, country, rhythm and blues, rock and others -- by giving fans the opportunity to vote for whom they believe should win. The stars will gather at the Nokia Theater in Los Angeles, which will host stellar performers such as 5 Seconds of Summer, Iggy Azalea, Mary J. Blige, Garth Brooks, Charli XCX, Fergie, Selena Gomez, Ariana Grande, Skylar Grey, Imagine Dragons, Jessie J, Wyclef Jean, Lorde, Magic!, Nicki Minaj, One Direction, Sam Smith and Taylor Swift.

[Click here to vote for your favorite artists at the 2014 AMAs.]

Pitbull will be joined by a slew of celebrity presenters to help him dish out the awards across the show’s 22 categories. Among the 2o14 presenters are Uzo Aduba, Jhene Aiko, Elizabeth Banks, Aloe Blacc, Lauren Cohan, Gavin DeGraw, Ansel Elgort, Jamie Foxx, Becky G, Brantley Gilbert, Danai Gurira, Lucy Hale, Ella Henderson, Julianne Hough, Kendall Jenner, Kylie Jenner, Kira Kazantsev, Heidi Klum, Mary Lambert, Rose McGowan, Danica McKellar, Pat Monahan of Train, Olivia Munn, Kevin O’Leary, Pentatonix, Tracee Ellis Ross, Taylor Schilling and Meghan Trainor.

A notable moment will be when Taylor Swift receives the first-ever “Dick Clark Award for Excellence.” According to the AMA website, Swift is being given the accolade because of her historic album sales. She is the only artist in history to have three albums (“Red,” “Speak” and “1989”) debut with more than 1 million copies sold in their respective first weeks of release.

The event can be live-streamed with the free Watch ABC app or by going to abc.com. To watch the event, users will need to sign in with their cable subscription information, so get to your personal-computer or tablet screens early.

Below are the 2014 American Music Award nominees:

ARTIST OF THE YEAR

Iggy Azalea

Beyonce

Luke Bryan

Eminem

Imagine Dragons

John Legend

Lorde

One Direction

Katy Perry

Pharrell Williams

NEW ARTIST OF THE YEAR PRESENTED BY KOHL'S

5 Seconds of Summer

Iggy Azalea

Bastille

Sam Smith

Meghan Trainor

SINGLE OF THE YEAR

Iggy Azalea featuring Charli XCX - “Fancy”

John Legend - “All of Me”

Magic! - “Rude”

Katy Perry featuring Juicy J - “Dark Horse”

Pharrell Williams - “Happy”

FAVORITE MALE ARTIST - POP/ROCK

John Legend

Sam Smith

Pharrell Williams

FAVORITE FEMALE ARTIST - POP/ROCK

Iggy Azalea

Lorde

Katy Perry

FAVORITE BAND, DUO OR GROUP - POP/ROCK

Imagine Dragons

One Direction

OneRepublic

FAVORITE ALBUM - POP/ROCK

Lorde - “Pure Heroine”

One Direction - “Midnight Memories”

Katy Perry - “Prism”

FAVORITE MALE ARTIST - COUNTRY

Jason Aldean

Luke Bryan

Blake Shelton

FAVORITE FEMALE ARTIST - COUNTRY

Miranda Lambert

Kacey Musgraves

Carrie Underwood

FAVORITE BAND, DUO OR GROUP - COUNTRY

Eli Young Band

Florida Georgia Line

Lady Antebellum

FAVORITE ALBUM - COUNTRY

Garth Brooks - “Blame It On My Roots”

Eric Church - “The Outsiders”

Brantley Gilbert - “Just As I Am”

FAVORITE ARTIST - RAP/HIP-HOP

Iggy Azalea

Drake

Eminem

FAVORITE ALBUM - RAP/HIP-HOP

Iggy Azalea - “The New Classic”

Drake - “Nothing Was The Same”

Eminem - “The Marshall Mathers LP 2”

FAVORITE MALE ARTIST - SOUL/R&B

Chris Brown

John Legend

Pharrell Williams

FAVORITE FEMALE ARTIST - SOUL/R&B

Jhene Aiko

Beyonce

Mary J. Blige

FAVORITE ALBUM - SOUL/R&B

Beyonce - “Beyonce”

John Legend - “Love in the Future”

Pharrell Williams - “G I R L”

FAVORITE ARTIST - ALTERNATIVE ROCK

Bastille

Imagine Dragons

Lorde

FAVORITE ARTIST - ADULT CONTEMPORARY

Sara Bareilles

OneRepublic

Katy Perry

FAVORITE ARTIST - LATIN

Marc Anthony

Enrique Iglesias

Romeo Santos

FAVORITE ARTIST - CONTEMPORARY INSPIRATIONAL

Casting Crowns

Hillsong United

Newsboys

FAVORITE ARTIST - ELECTRONIC DANCE MUSIC

Avicii

Calvin Harris

Zedd

TOP SOUNDTRACK

“Frozen”

“The Fault in Our Stars”

“Guardians of the Galaxy: Awesome Mix, Vol. 1”

The 2014 American Music Awards presentation will be shown on ABC Sunday, Nov. 23, at 8 p.m. EST. Who do you think will win big at the AMAs? Post your predictions in the comments section.