Billboard Magazine has long been recognized as the top music industry magazine.

Their charts dominate the music scene and mark the success of a release.

In 1993, Billboard established a special award for Lifetime Achievement, El Premio Billboard, which recognizes those artists who have made invaluable contributions to the Latin music industry.   Recipients include Placido Domingo, Tito Puente and Emilio Estefan.

On May 1st, 1996, Billboard Magazine's Lifetime Achievement Award, was given to José Feliciano. It has become an important addition to the many awards he has received