2006 Mnet Km Music Festival
The 2006 Mnet Km Music Festival (MFMK) was the eighth of the annual music awards in Seoul, South Korea that took place on November 25, 2006, at the Olympic Gymnastics Arena. Leading the nominees were Wax boy bands TVXQ and SG Wannabe, and solo artist Rain with five nominations each. The boy bands secured two wins each by the end of the ceremony, while the latter received only one award out of 5 nominations. Background. The award-giving body continued to use the name "M.net Korean Music Festival" (MKMF) for the eighth consecutive time. Starting  this year, however, three grand prizes (or "daesang") were introduced including Artist of the Year, Song of the Year, and Album of the Year awards. The event took place at the Olympic Gymnastics Arena once again with Shin Dong-yup as a returning host and Kim Ok-bin as his co-host. Criteria. The following criteria for winners include: Winners and nominees. Winners are listed first and highlighted in boldface. Multiple awards. Artist(s) with multiple wins. The following artist(s) received two or more wins (excluding the special awards): Artist(s) with multiple nominations. The following artist(s) received more than two nominations : Performers and presenters. The following individuals and groups, listed in order of appearance, presented awards or performed musical numbers.