Katy Perry and Lionel Richie were honored last night at the NARM Music Biz Awards at the Hyatt Regency Century Plaza in Century City, Calif.

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The "Teenage Dream" singer took home the award for artist of the year while Lionel was honored with the Chairman's Award by NARM, which stands for National Association of Recording Merchandisers.

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Katy was looking hot as always in a sleek black dress and gorgeous purple locks. Does Katy ever not look fabulous?

Also at last night's event were Lisa Marie Presley, Kris Allen, Casey Abrams, Brandy and Haley Reinhart (not pictured), among others.

 

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