New York will host the milestone 60th anniversary of the Grammy Awards for 2018. But, music’s biggest night will return to Los Angeles in 2019, per a new four-year deal the Recording Academy has signed with AEG for the Staples Center to host the world-renowned telecast.

Staples Center has hosted the prestigious event for 17 out of the last 18 years. Per a press statement, the Grammy Awards show generates $82 million economic benefit to the city of Los Angeles, with projected revenue estimated at $328 million over four years.

"We very much consider Staples Center our home and are grateful for the successful relationship we’ve cultivated throughout the years with AEG and the entire Staples Center team," said Recording Academy President/CEO Neil Portnow. "We look forward to continuing this relationship and bringing the Grammys back to the Entertainment Capital of the World."

Music fans around the world look forward to music’s biggest artists being honored each year. Grammy performances also mark some of the most memorable moments in the music history. The 2017 broadcast included some great ones, including Album of the Year winner Adele’s emotional “Hello” performance and a stellar Bee Gees tribute. We also will never forget Adele’s tearful and humble Album of the Year acceptance speech.

Last year also marked the first-time late night funny man James Corden hosted the show. Critics and fans were thrilled with his inaugural effort.

CBS is reportedly slated to air the broadcast through 2026. The 2019 show will mark the 47th consecutive year the network has aired the Grammy honors.

Stay tuned to AXS for continuing Grammy Award news, including the 2018 Grammy nominations, which will be announced on Nov. 28.

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