Keith Urban, Dierks Bentley, Sheryl Crow and more complete the lineup for CMT’s first-ever all-female "Artists of the Year" gala

CMTDierks Bentley, Martina McBride and Sheryl Crow will pay tribute to Loretta Lynn Wednesday night, as CMT honors the country legend as their Artist of a Lifetime.

Keith Urban, Smokey Robinson, Elle King, Jimi Westbrook, Phillip Sweet, Charles Kelley, and Dave Haywood are also set to present at CMT’s annual Artists of the Year gala, along with Sissy Spacek, who’ll help honor Loretta. Trisha Yearwood will also supply a special introduction.

This is the first year CMT’s ever chosen an all-female roster of Artist of the Year honorees, and all the ladies are set to perform. Carrie Underwood will take the stage with her upcoming tour mates Maddie & Tae and Runaway June, while Miranda Lambert will sing with Pistol Annies.

Kelsea Ballerini will team up with Alison Krauss, as Little Big Town’s Karen Fairchild and Kimberly Schlapman perform with R&B legend Gladys Knight. Lady Antebellum’s Hillary Scott plans a special performance with singer/songwriter Tori Kelly and gospel music’s Kirk Franklin, while Maren Morris will remember Aretha Franklin with Americana favorite Brandi Carlisle.

You can tune in to hear all the music live from Nashville starting at 8 p.m. ET on CMT.

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Watch now: Kacey Musgraves appreciates being recognized for *her* version of country music

Watch now: Kacey Musgraves appreciates being recognized for *her* version of country musicABC/Randy HolmesKacey Musgraves is nominated for Album of the Year and Female Vocalist of the Year going into Wednesday's CMA Awards.  Kacey's album Golden Hour has been one of the most universally acclaimed releases of the year, but it's not exactly what you'd call a "country" album. That's why Kacey says she's so honored to have been nominated.

"For my version of country music to be recognized is really meaningful to me because I love where the genre came from," Kacey tells ABC Radio. "And to be able to be someone that's recognized in modern country, I mean, that's a goal for me. Y'know, I love country music. So it's really cool."

Kacey says that Golden Hour is different from her other releases because it's her "most personal record yet."

"I don't think I've really let people in on an emotional scale this way very much," she explains. "I've never really talked much about my feelings, and falling in love, and meeting the right person, and talking about my flaws, and being lonely, coming off the road and missing my mom...I've never had songs like that. And it was really nice."

As for the Female Vocalist category, Kacey hates to think that that she's competing with Miranda Lambert, Maren Morris, Carrie Underwood and Kelsea Ballerini to find out who's "better."

"Awards shows are silly because no one's 'better' than the other," she says. "That's not what music is about. Art is very subjective...everyone's different and that's what's cool about it...everyone's obviously winning and doing her own thing!"

That being said, Kacey admits that she doesn't actually consider herself to be "much of a vocalist" -- so, she says, "To be in a category with some really great singers is a big compliment."

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