Elliot Goldenthal has won the Soundtrack Composer of the Year for the score of Frida at the World Soundtrack Awards, presented by the International Film Festival Flanders-Ghent.

Frida also won the Best Original Soundtrack of the Year

Guest of honour Maurice Jarre received a World Soundtrack Lifetime Achievement Award.

The song The Hands that Built America by U2 for the film Gangs of New York won the award for Best Original Song Written Directly for a Film. Composer Antonio Pinto was presented the award for Discovery of the Year for his music in City Of God (Cidade de Deus).

Howard Shore won the Public Choice Award for his score for Lord of the Rings: The Two Towers. The prize was based on votes from film music enthusiasts from all over the world.

Held in the Bijloke Concert Hall in Ghent, the international competition jury was presided over by Jeanne Moreau.

The second edition of the Competition for Young Belgian Composers was won by Michael Vancraeynest from Oostende. The assignment was to compose a score to the silent short Baby's Peril (1906). The winning composition was played by the National Orchestra of Belgium conducted by Dirk Brosse.