Taylor Swift to Be Honored in Clark Award at 2014 AMAs

The award is named after the late AMAs founder Dick Clark. Swift, whose latest album "1989" becomes her third effort to debut atop charts with more than 1 million copies sold, is set to be honored with the prize that will be given annually to artists who've achieved "a groundbreaking feat or create a landmark work."

Taylor Swift is already one of the winners at the upcoming 2014 American Music Awards. It was revealed on Friday, November 21 that the country-turned-pop superstar would be the first artist to receive the Dick Clark Award for Excellence during the ceremony on Sunday, November 23.