Taylor Swift Taylor Swift

The American Music Awards gives out awards to artists based on fan interactions, sales, song play and social activity. But we all know the real reason you tune in: the performances. 

Sunday's ceremony is jam-packed with performances from today's hottest stars, in addition to some old classics (LYLAS, Fergie Ferg and Mary J. Blige).

Check out the full rundown of performances below to see why this year's ceremony is a must-watch:

The 2014 fall TV report card

5 Seconds of Summer

Iggy Azalea

Mary J. Blige

Garth Brooks

Charli XCX

Fergie

Selena Gomez

Ariana Grande

Skylar Grey

Imagine Dragons

Jessie J

Wyclef Jean

Lil Wayne

Lorde

MAGIC!

Nicki Minaj

One Direction

Pitbull

Sam Smith

Taylor Swift

In addition to opening the show with the first live performance of "Blank Space," Swift will also receive the first-ever Dick Clark Award for Excellence.

Pitbull, who is returning to host the ceremony, will also take the stage for a performance.

The American Music Awards will be broadcast live on Sunday, Nov. 23 at 8/7c on ABC.

On the Set: How Once Upon a Time brought Frozen to life: