Lady Gaga has been named the 2010 Artist of the Year by Billboard magazine. Chart performance determines who comes out on top and Taylor Swift snagged the Number Two slot this year.

Since Billboard created the Artist of the Year recap in 1981, only seven women have won, including Lady Gaga. Taylor Swift scored it last year.

Madame Tussauds capitalized on both artist's popularity by creating wax figures of each of them this year. What a disappointment then, when Taylor Swift's came out looking not much like her.

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