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. OK! GALLERY: KATY PERRY DEBUTS PURPLE LOCKS AT COACHELLA LACOSTE LIVE POOL PARTY 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. Read More >>