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May 9, 2013 / 12:13 PM

Madonna to be honored at Billboard Awards ceremony

Madonna arrives on the red carpet at the Costume Institute Benefit at the Metropolitan Museum of Art in New York City on May 6, 2013. UPI/John Angelillo

Madonna arrives on the red carpet at the Costume Institute Benefit at the Metropolitan Museum of Art in New York City on May 6, 2013. UPI/John Angelillo | License Photo

LAS VEGAS, May 9 (UPI) -- Madonna is to be honored with the Top Touring Artist Award at the 2013 Billboard Music Awards in Las Vegas this month, ABC announced.

The pop music icon is scheduled to accept the prestigious award, which recognizes the highest grossing concert touring act of 2012.

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The prize is a result of the success of Madonna's global "MDNA" concert tour, which has grossed more than $305 million from 88 sold-out shows before audiences of 2.2 million.

The Billboard Awards ceremony is to take place at the MGM Grand Garden Arena May 19. The show will air on ABC.

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