As reported previously, Lady Gaga was set to guest on MTV tonight to present the official premiere of her latest single ‘You & I’.  The segment, entitled ‘MTV First: Lady Gaga’, aired minutes ago and saw the ‘Judas’ singer nearly shut down Times Square as Little Monsters lined the streets to help the her reveal her ‘big announcement’ – that she would be opening the 2011 MTV Video Music Awards.

Fans who missed the action can catch it all after the jump:

Via MTV:
The 28th annual MTV Video Music Awards will air live on August 28th.