Time magazine's Person of the Year will be announced Wednesday morning on the Today
show. The list of contenders varies from leaders of countries to trendsetters in entertainment.
Time Managing Editor Nancy Gibbs was on the Today
Show this morning with the list of the final 10 vying for the honor. This is the first year the finalist nominees were announced in advance. She explained how these names were selected. "It's the person who's had the most impact on events this year, for better or worse," she said. She went on to defend the magazine's choice of Cyrus for a contender. "Power is not just political. It can be cultural, it can be spiritual. She came in like a wrecking ball, literally. At a time when you're living with an explosion of exhibitionism since we all now carry cameras with us at all times, she is a symbol of the way we live." In the past, icons such as John F. Kennedy, Martin Luther King Jr. and Pope John Paul II have been named.
The daring entertainer, who just turned 21 last month, is the youngest person to make the list. No one can forget her showstopping performance at MTV's Video Music Awards
this summer. In October, she released her chart-topping album "Bangerz," with the videos that accompany some of the songs more notorious than the songs themselves.