AMAs: Watch the Red Carpet Live Stream

Getty/Dave Kotinsky

Taylor Swift, Lorde and One Direction are set to perform

Pitbull will host the 2014 American Music Awards, which is being broadcast from the Nokia Theater at LA Live, and airs on ABC at 8 p.m. PST.

Taylor Swift will take the stage for a world premiere performance of her hit song "Blank Space." Other acts set to preform are Fergie, Selena Gomez, One Direction, Charli XCX, Iggy Azalea, Mary J. Blige, 5 Seconds of Summer, Garth Brooks and Imagine Dragons. 

For the annual fan-voted award show, Iggy Azalea leads the pack with six nominations, followed closely by John LegendKaty Perry and Pharrell Williams with five. 

Among the night's presenters are Kendall and Kylie JennerOrange Is the New Black stars Taylor Schilling and Uzo Aduba along with Elizabeth Banks, Aloe Blacc, Jamie FoxxJulianne Hough, Jessie J, Heidi Klum, Olivia Munn and Emmy Rossum.

Watch the live stream of the AMA red carpet below: