The annual MTV Videos Music Awards Latinoamérica were to be held Wednesday, October 19 at the Xcaret Park's Great Tlachco Theater in Playa del Carmen (close to Cancún), Quintana Roo, Mexico, for the first time in a different location since their creation.

[1] However, due to the approach of Hurricane Wilma towards the Mexican Riviera Maya, the show was moved from October 20 to the 19th, but it was eventually postponed.

A couple of months later, MTV decided that it was not feasible to have the show on the aforementioned scheduled date.

[2][3] Instead, the awards were given out on a half-hour special called "Por Fin Los Premios MTV 2005" where the winners received their awards after having practical jokes played on them (a la Punk'd).

played from their studio in Argentina, two songs from Juanes's concert in Buenos Aires were also filmed by MTV for this special, and Panda and Reik also performed from MTV's studios in Mexico City.