The Rock and Roll Hall of Fame looks to be getting some competition.

VH1 announced Thursday that it will debut the "VH1 Rock Honors" next month to pay homage to the gods of hard rock. The inaugural honorees are Kiss, Queen, Def Leppard and Judas Priest.

The ceremony, to take place May 25 in Las Vegas, will pay tribute to hard-rock legends much like the Rock Hall of Fame does, with "spoken tributes, filmed packages and performances by some of today's hottest rock acts as well as the legends themselves."

VH1 has aired the Rock and Roll Hall of Fame induction ceremonies the past few years.

"VH1 Rock Honors" will air May 31. It's not the first genre to get the tribute treatment from the network; last week VH1 announced plans for its third annual "Hip-Hop Honors," which will air in October.