Regional Mexican superstar Lupillo Rivera and renowned Spanish television personality Candela Ferro will co-host the 2006 Billboard Latin Music Awards. The event, produced and broadcast by Telemundo, will take place April 27 at Seminole Hard Rock Hotel and Casino in Hollywood, Fla.

Rivera is is a finalist this year for regional Mexican album of the year, male solo artist for "El Rey de las Cantinas" (Univision/UG) and regional Mexican airplay song of the year, male solo artist for "Ya Me Habian Dicho."

The 2006 Billboard Latin Music Awards will mark the fourth time that Ferro has co-hosted the show. Candela currently presents the top-rated Telemundo primetime program "Decisiones."

As previously reported, reggaeton star Daddy Yankee and Mexican pop phenomenon RBD -- both part of the youth movement that dominated Billboard's Latin charts last year -- are the leading finalists for the 2006 awards. Daddy Yankee is a finalist in 10 categories. RBD, which burst into mainstream consciousness last year with "Rebelde," is a contender in nine categories, including top Latin albums artist.

The gala will cap off the 17th annual Latin Music Conference, which starts April 24 at the Ritz-Carlton, South Beach.