Billboard looks at the crossroads of Recording Academy and chart success on the Billboard 200 and Hot 100 over the last 65 years.
The program aims to foster broader representation in film music composition.
"Toby has been the gold standard of songwriting in the modern era of Country music," said BMI's Clay Bradley.
The Oct. 12 event will include congratulatory video tributes from Reba McEntire, Rob Thomas, Diane Warren, and more.
Kane Brown, Luke Combs, Walker Hayes, Alan Jackson and more will also be honored during the upcoming 'CMT Artists of the Year' special.
Will a woman win entertainer of the year for the first time in over a decade?
Latto’s “Big Energy,” which reached No. 3 on the Billboard Hot 100, won song of the year.
Lynn received several lifetime achievement awards and was voted into both the Country Music Hall of Fame and Songwriters Hall of Fame.
In December 2015, the Queen of Country talked with Billboard about making music, having babies and Donald Trump.
