Bruce Springsteen named MusiCares 'Person of The Year'

Los Angeles - An All-Star line-up of artists including Sir Elton, Sting, Neil Young, Mumford & Sons, and many more will celebrate the music of Bruce Springsteen, the MusiCares "Person of The Year", at a benefit concert in Los Angeles next month.

The MusiCares benefit concert will take place on February 8, two days before the 55th annual Grammy Awards, and will be hosted by Jon Stewart, The New York Times reports. The MusiCares Foundation was established in 1989 and assists musicians facing personal, medical, and financial troubles, Billboard reports. According to The New York Times, The MusiCares "Person of the Year" is an honor given to artists for their music as well as their philanthropy. Past honorees include Tony Bennett, Quincy Jones, Billy Joel, and Aretha Franklin. The MusiCares benefit concert will also feature artists such as John Legend, Emmylou Harris, Patti Smith, and Eddie Vedder, Rolling Stone reports. The event will be broadcast live on CBS.