AceShowbiz -

Shania Twain and Carrie Underwood were among those honored as CMT's Artists of the Year of 2016 during a ceremony held at the Schermerhorn Symphony Center in Nashville on Wednesday, October 19. During the event, Shania promised new music while Carrie got teary after watching a video tribute featuring her son Isaiah.

Shania was presented with Artist of a Lifetime trophy after a powerful tribute, featuring Jill Scott, Meghan Trainor and Kelsea Ballerini singing her biggest hits like "Man, I Feel Like a Woman".

She recalled her early days playing in bars "and some strip clubs," before saying, "I don't want to get off the stage right now because I'm loving this moment! I love music, and I hope that it carries on for many more years in my life."

On the red carpet, Shania, who last year wrapped what she called her final tour, confirmed a new album is on the way. "I have new music coming out really soon, and I'm very excited about it. There will be a new musical chapter," she told Rolling Stone Country.

Thank you to @Meghan_Trainor, @KelseaBallerini and @missjillscott for the incredible tribute performance! Watch it on @CMT tonight at 9/8c. pic.twitter.com/Jcf8qBPfnn

— Shania Twain (@ShaniaTwain) October 20, 2016

Carrie, meanwhile, wiped away tears as she took the stage to accept her trophy. "Aren't we blessed? God is good - he's definitely been good to me. Oh man, I don't know why I'm getting teary eyed...I think it was seeing my little guy on the screen," she said, referring to the video tribute featuring her 19-month-old son.

Carrie performed "Like I'll Never Love You Again" along with the song's talented writers, Hillary Lindsey, Lori McKenna and Liz Rose.

What an honor to have songwriters @LoriMcKennaMA, @LizRoseMusicPub, and #HillaryLindsey join me on stage! #CMTAOTY pic.twitter.com/Xv9CAbDtY3

— Carrie Underwood (@carrieunderwood) October 20, 2016

Other honorees included Kelsea, Luke Bryan, Florida Georgia Line, Thomas Rhett and Chris Stapleton. The show aired on Thursday at 9 P.M. ET on CMT.