The MTV Video Music Awards will return to Miami's American Airlines Arena on August 28 for a live broadcast.

Carlos Alvarez, Mayor of Miami-Dade county, gave his approval, noting that the event is important to the region, since it promotes their beaches, hotels, restaurants, shopping, attractions, sports, and recreation to a worldwide audience, and "brings together artists and celebrities from around the globe.

Miami Today News talks about the economic impact the evetn will have on the City

Hosts, performers, nominees, and presenters will be announced in the coming months.