Katy Perry crowned Woman of the Year

Washington, September 26 (ANI): Katy Perry has been named as Woman of the Year by Billboard magazine.

The 27-year-old singer was hailed as "one of the most exciting and inspiring artists in the industry" by the publication's editorial director, Bill Werde, as he announced her selection.

"Katy Perry broke into the industry not even five years ago, and has already accomplished more than most artists can hope for in an entire career," Contactmusic quoted him as saying.

"We are thrilled to celebrate these incredible achievements and her amazing past 12 months by presenting her with the Billboard Woman of the Year Award.

"With what seems like a never-ending supply of record breaking, chart-topping hits, coupled with her unique and fresh style, Katy Perry is hands-down one of the most exciting and inspiring artists in the industry today," he added.

The annual event, now in its seventh year, celebrates the most powerful and talented women in the music business.

This year's event will take place in New York City on November 30 where Katy will receive her award. (ANI)