By Taylor Weatherby
May 12, 2015 at 06:54 PM EDT

Live Nation is the latest music powerhouse to have its own award show. The “Live Nation Music Awards” will air on both TNT and TBS on Oct. 1 and honor the best live music performances of the year, the promoter announced Tuesday.

Because the awards show is focused solely on live performances, categories are slightly more unique, including “Live Performance of the Year,” “Best Special Effects in a Festival,” “Road Warrior,” and “Best On-Stage Collaboration.” The show will feature live performances that will focus on first-of-their-kind collaborations and appearances, according to Billboard. Billboard also celebrates live shows with its annual Touring Awards, awarding top venues, festivals, and artists, but the ceremony is not televised.

The “Live Nation Music Awards” will be produced by Live Nation Entertainment alongside IMG and Dick Clark Productions. Michael Rapino, CEO of Live Nation, and Mark Shapiro, IMG’s Chief Content Officer, will co-executive produce the awards as well as Dick Clark Productions’ CEO Allen Shapiro and president Michael Mahan.