Fans of Latin music are in for quite a treat as it was recently announced that Telemundo will air the first-ever Latin American Music awards show in October.

As reported by Billboard, the first Spanish language award show, aptly modeled after the American Music Awards, will be broadcast Oct. 8 on the Telemundo network, live from the Dolby Theatre in Los Angeles.

The award show will be made up of 20 categories. Nominees will be announced on Sept. 2 with fan voting and ticket sales opening the same day. Nominees will be selected based on fan interactions with music, sales, airplay, streaming and social activity. All data will be tracked by Billboard through Nielsen Music and Next Big Sound.

The new Latin American Music Awards marks the first time a Dick Clark Productions awards show is recast in a Spanish language version. Earlier this year, Telemundo aired a live broadcast of the Billboard Latin Music Awards, which included Jennifer Lopez's moving tribute to late Tejana singer Selena Quintanilla.

Following the initial announcement of the new awards show last year, Mike Mahan, President of DCP, said the decision was made to partner with Telemundo because it "has had proven success with the live broadcast of the Billboard Latin Music Awards." Airing for over 25 years, the Billboard Latin Music Awards is the longest-running Latin music awards show, with a substantial year-to-year increase in viewership.

In other news, the network recently aired another highly-successful Telemundo show, Premios Tu Mundo. The show was broadcast on Thursday (Aug. 20), earning 2.4 million total viewers. Nicky Jam and Daddy Yankee were the top music winners, taking home two awards each.

What do you think of an all-Spanish Music Awards show? Will you be watching Give us your thoughts in the comments section below.

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