The 2014 Rock and Roll Hall of Fame class of inductees has been announced. Nirvana, Peter Gabriel, Kiss, Hall and Oates, Cat Stevens, Linda Ronstadt will all be inducted, Rolling Stone reports. Bruce Springsteen's E Street Band are receiving the Award for Musical Excellence.

Beatles manager Brian Epstein and Rolling Stones manager Andrew Loog Oldham will both receive the Ahmet Ertegun award for non-performers.

The induction ceremony will take place at Brooklyn's Barclays Center on April 10. It will be open to the public; tickets go on sale in January. The event will air on HBO in May.

The Replacements, N.W.A., Chic, LL Cool J, the Zombies, Paul Butterfield Blues Band, Deep Purple, Link Wray, the Meters, and Yes were all nominated, but didn't make the cut this year.

In order to be eligible for induction, artists need to have released their first single or album 25 years ago. Nirvana were the only artist in the group of nominees that were in their first year of eligibility—their cover of Shocking Blue's "Love Buzz" came out in 1988.

Update: Dave Grohl and Krist Novoselic have offered statements reacting to the induction:

Dave Grohl:

For once... I'm speechless. From the basements, to the dingy clubs, to the broken down vans, to... the Rock and Roll Hall of Fame. I'd like to thank the committee not only for this induction, but also for recognizing Nirvana for what we were: pure rock and roll. Most of all, thank you to all of the fans that have supported rock and roll throughout the years, and to Kurt and Krist, without whom I would not be here today.

Krist Novoselic: