A few big names are heading to Cleveland this year. The Rock n Roll Hall of Fame has voted to induct The Red Hot Chili Peppers, The Beastie Boys and Guns n Roses this year. The annual induction ceremony will be broadcast on HBO in April 2012.

Guns n Roses are the only group this year to be inducted in their first year of eligibility. The Rock n Roll Hall of Fame has decreed that people or groups are eligible for the honor beginning 25 years after the release of their first single or album release. The GnR news comes as no surprise for longtime followers of the Hall of Fame. It's been widely assumed that the record-breaking hard-rock band would be inducted as soon as they became eligible. Lead singer Axl Rose is the only original member still in the group, a potential logistical headache for the ceremony.

“I don’t know what it means in terms of me with the old band and the old lineup. If we were to be invited, I don’t know what they would ask of me. It’s up in the air,” Axl said shortly before the announcement. The group lost its first founding member in 1992, shortly before the release of their 2nd album. Steven Adler, the band's original drummer, left acrimoniously while suffering from a much-publicized heroin addiction. His stance on the group has softened in recent years. In a recent interview, he left open the possibility of performing with the group if they were to receive the honor. He remained hesitant that the other original members would let bygones be bygones.

“You figure time heals all wounds – but some people just really hold a crazy grudge,” Adler said.

Pioneering rap group The Beastie Boys have a different problem. The group, consisting of original members MCA, Ad-Rock and Mike D, have not performed publicly since the announcement that MCA was undergoing cancer treatment in 2009. All three members closely guard their personal lives, so his current condition is relatively unknown.

A few acts who were considered front-runners for induction this year came up empty handed. The Cure, Eric B. & Rakim, Heart, Joan Jett and the Blackhearts, Rufus with Chaka Khan, Donna Summer, The Spinners and War will all have to wait at least another year for the honor.

Other acts to be inducted this year include singer-songwriter Laura Nyro, Donovan, the Small Faces and guitarist Freddie King. Don Kirshner, music producer and former host of ABC's pioneering television show "Rock Concert" will also be honored.