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Katy Perry thinks most awards shows are fun, but she especially loves the American Music Awards. Three hours after Perry opens the show at 8 p.m. EST, Miley Cyrus will close things down. In between, most of the year's top performers are scheduled to take the stage, including Justin Timberlake, Taylor Swift, Lady Gaga, Rihanna, Luke Bryan and Florida Georgia Line, Macklemore & Ryan Lewis.