He'll get the award less than three weeks after he hosts the Oscars for the first time.
Ginette Reno and Loreena McKennitt join the previously-announced Sum 41 in this year's class.
Plus: Prizes have been added in new categories including the “Co-creation categories” linked to companies involved in music.
Bob Dylan biopic "A Complete Unknown" and "Emilia Pérez" scored best film nods, while "Wicked" was shut out of that category.
The awards are set for Sunday, Feb. 23 at The Wiltern Theatre in Los Angeles.
The L.A. wildfires have played havoc with scheduling of many awards shows.
On the new Billboard Pop Shop Podcast, we're chatting about all the cancellations & postponements announced around the fires ravaging Los Angeles County.
Like the 67th Grammy Awards, organizers say the event will help raise money for wildfire relief efforts.
The labels have called off their Grammy Week events due to the Southern California wildfires.
The telecast will raise additional funds to support wildfire relief efforts.