Lady Gaga will be honored as Billboard Magazine’s “Rising Star” at the trade publication’s annual Women in Music Event later this week.

Lady Gaga will receive the honor alongside “Woman of the Year” Beyonce at Friday night’s ceremony in New York City, Billboard announced on Tuesday.

The pop sensation’s debut album, The Fame, has sold more than 1 million copies since its release in 2008. Gaga scored two No. 1 singles with “Just Dance” and “Poker Face,” and in November, she kicks off a joint tour with Kanye West.