Eminem Named ''Artist of the Year'' at first YouTube Awards

The first ever YouTube awards have been held in New York, with actor Jason Schwartzman and musician Reggie Watts presiding over the ceremony.

As YouTube is a video-sharing site, the event featured Eminem, Lady Gaga and M.I.A making live music videos directed by the awards' creator, Spike Jonze, and others

Eminem won ''Artist of the Year'' Award

Taylor Swift's I Knew You Were Trouble took the ''YouTube Phenomenon Award''

The coveted Video of the Year Award went to South Korean Group Girls' Generation for their song I Got A Boy

 Innovation of the Year went to DeStorm Power

The ceremony was streamed live online

Nominees were chosen by taking into account the YouTube views, likes, comments and subscription figures for different artists

Lady Gaga performed her new song Dope at the awards