Taylor Swift Will Be First-Ever Recipient of Billboard's Woman of the Decade Award at the 2019 Women in Music Event Next Month

Taylor Swift will be the first recipient of Billboard's new Artist of the Decade award, with the 2019 American Music Awards set to take place next month.

The American Music Awards teased with an update on social media at the end of October before Billboard officially shared the news on November 18.

"She's won more #AMAs than anyone this decade…She's a five-time 2019 #AMAs nominee…AND she's performing at this year's #AMAs LIVE on Nov. 24… @taylorswift13 is our ARTIST OF THE DECADE," the AMAs update read.

Apart from receiving the Woman of the Decade Award at Billboard's big music awards event on December 12 in Los Angeles at the Hollywood Palladium, Taylor will also be performing.

In this decade alone, Taylor had five albums reach the top of the Billboard 200 chart, a further five No. 1 singles on the Billboard Hot 100 chart, two Billboard Woman of the Year Awards, and three worldwide stadium tours.

The award also honors Taylor's commitment to music education, protecting creative rights, cancer research, disaster relief, and her work with the Time's Up initiative.

Because of her numerous professional achievements, Billboard deems Taylor Swift as "one of the most accomplished musical artists of all time over the course of the 2010s." The annual event will also honor fellow female artists Brandi Carlile, Alanis Morissette, Nicki Minaj, and Desiree Perez, CEO of Roc Nation.

While there are more honorees to be announced, the event will be hosted by last year's Rising Star, Hayley Kiyoko, and it will be live-streamed on YouTube.

The pop singer made history at the annual AMAs last year when she surpassed Whitney Houston as the female artist with the most wins.

This year, Taylor features among the most-nominated artists, and she ties with Lil Nas X with five nominations, while Billie Eilish and Ariana Grande received six nominations each, and Post Malone ahead of the pack with seven nominations.

Next month will also see the release of the movie adaptation of "CATS," wherein Taylor stars as Bombalurina, and the singer recently released the film's much-anticipated soundtrack, "Beautiful Ghosts."

Taylor Swift penned the song as part of a collaboration with Andrew Lloyd Webber for Francesca Hayward's character, Victoria. During a recent featurette, the singer shared how excited she became after being asked to write an original song for the film.