Lorde faces stiff competition in the artist of the year category with Aussie rapper Iggy Azalea, One Direction, Katy Perry and Beyonce.
Lil Wayne is expected to premiere his latest single, Start a Fire, Nicki Minaj will be joined by Skylar Grey for their recently released single, Bed of Lies, and Taylor Swift will perform Blank Space, the Los Angeles Times reports.
Swift will become the first-ever recipient of the Dick Clark Award for Excellence during the broadcast.