It’s that time of the year again! The 2012 MTV Video Music Awards are coming up in a couple months and the nominations have just been released! Along with that, guess who will be hitting the stage for some musical entertainment – stay tuned!

Chelsea Briggs explains in today’s Hollywire Hot Minute!

Related Article: One Direction Performing at the Olympics Closing Ceremony!

Rihanna and Drake received five nominations each, including “Video of the Year” for their collab Take Care. Katy Perry came in second with four noms. But who are the musical performers? Well, so far it’s been confirmed that One Direction and Alicia Keys will be performing!

Who are you hoping wins big this year? And do you think anyone was snubbed? Let us know your thoughts in the comments section below!