Katy Perry named Billboard's Woman of the Year

California Gurl has been named as Billboard magazine's 'Woman Of The Year' for 2012.

The publication's editorial director Bill Werde described Katy as 'one of the most exciting and inspiring artists in the industry.'

Katy is in illustrious company in receiving the award, with the likes of Taylor Swift, Beyonce and Fergie from the Black Eyed Peas having won in previous years.

'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,'" Werde explained.

Who do you think will win next year's? Adele? Rihanna? Let us know in the comments below!

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