YouTube will have its own music awards. Lady Gaga is scheduled to perform at the first-time event. Today, the Google Inc.-owned company announced Eminem and Arcade Fire will also perform at the awards on November 3rd at Pier 36 in New York City. It will also stream live online. The awards show will honor "artists and songs that YouTube fans have turned into global hits over the past year." Nominees are expected to be announced October 17th. Actor Jason Schwartzman will host the event.