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Under the patronage of Prince Albert II of Monaco the 17th annual World Music Awards were conducted at the Kodak Theatre in Hollywood, California on August 31, 2005. This was only the second time that the awards show had been held outside of Monaco. The five-hour awards show was co-hosted by Carmen Electra and Desperate Housewives' James Denton. The awards were based on record sales certified by the International Federation of the Phonographic Industry, a London-based trade group that represents the major record labels. Proceeds were donated to the Prince's favorite charity: the Monaco Aide and Presence Foundation.
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