Jennifer Lopez is set to perform with Pitbull at the 2014 Billboard Music Awards, and a live stream is available for the performance.

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The two stars will be singing their latest hit We Are One (Ole Ola) to premiere the official anthem of this year's FIFA World Cup. Lopez is also set to perform another debut performance of her new single First Love.

The singer and American Idol judge is also set to take home the Icon Award, which is the award ceremony's ultimate honor. This is apparently a huge deal since Lopez is not only the fourth winner of this award, but the first woman. Past winners include Neil Diamond, Stevie Wonder and Prince.

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"Jennifer Lopez is one of the most iconic performers of her generation," producer of the Billboard Music Awards Larry Klein said in a report from Billboard.com. "We are thrilled to honor her historic career with the 2014 Icon Award and will be on the edge of our seats like everyone else when she takes the stage."

A number of musical celebrities are set to make an appearance at the event with several nominations. The contestants for Top Artist include Bruno Mars, Miley Cyrus, Justin Timberlake, Imagine Dragons and Katy Perry.

Cyrus, Perry and Imagine Dragons are also nominated for Top Hot 100 Song for their hits Wrecking Ball, Roar and Radioactive.

The 2014 Billboard Music Awards will begin at 8 p.m. ET on ABC.

A live stream of the ceremony can be viewed HERE.

Tags: Billboard Music Awards 2014 Jennifer Lopez Pitbull Music