Katy Perry Named MTV's Inaugural Artist of the Year

Katy Perry has been named MTV's first-ever Artist of the Year.
"Perry is one of the new millennium's biggest pop stars, and she matched some of pop's greatest icons on the charts this year," MTV wrote on its website. "She made us giggle with an LOL-worthy hosting stint on SNL and made her big-screen debut voicing the iconic Smurfette in The Smurfs. Offscreen, she's proved to be the kind of girl that can laugh off rumors that she's pregnant and getting divorced. She's loud, cool and a real girl's girl."

Accepting her award in the video below, Perry said, "I wasn't really allowed to watch MTV growing up so this feels really validating."

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Earlier this week, the singer — whose album, Teenage Dream, has produced five No. 1 singles, a feat matched only by Michael Jackson — was also  named one of Barbara Walter's Most Fascinating People of 2011.  

Watch Perry accept her award: