Leading the nominees were duo Big Mama and solo artist Lee Hyori, with three each.

By the end of the ceremony, Big Mama were the only ones to receive two wins, including Music Video of the Year daesang award.

Singer-actor Cha Tae-hyun came back to host the event for the third time, together with Sung Yu-ri.

During the preliminary screening, the committee selected the nominees who released their singles and albums from November 2002 to October 2003.

[3] The following artist(s) received two or more wins (excluding the special awards): The following artist(s) received two or more nominations: The following individuals and groups, listed in order of appearance, presented awards or performed musical numbers.