Pop icon Lady Gaga will be honoured during its annual Women in Music event, which will air for the first time on Lifetime in December.
The magazine said Gaga, 29, was chosen for her unparallelled contributions to entertainment, pointing out her six Grammy awards and countless other milestones within the music industry as major determining factors, reported E!Online.
The singer-songwriter shared her gratitude on Twitter, writing, "I can't believe @billboard named me Woman of the year thank you so much. I am so so so so grateful. My gosh good morning!"
Gaga will also make her acting debut on the highly anticipated upcoming season of "American Horror Story: Hotel".
With this award, Gaga now joins an elite club of fellow honorees including Taylor Swift, Pink, Katy Perry and Beyonce.
