This was the last telecast of the awards nationally in the United States in English with a CBS contract. Effective in 2005, the awards were announced in Spanish with an exclusive Spanish-language telecast. Alejandro Sanz was the big winner winning four awards including Album of the Year.[1]
Winners are in bold text.[2]
- Record of the Year
Alejandro Sanz — "No Es Lo Mismo"
- Album of the Year
Alejandro Sanz — No Es Lo Mismo
- Song of the Year
Alejandro Sanz — "No Es Lo Mismo"
- Best New Artist
Maria Rita
- Best Female Pop Vocal Album
Rosario — De Mil Colores
- Best Male Pop Vocal Album
Alejandro Sanz — No Es Lo Mismo
- Best Pop Album by a Duo/Group with Vocals
Sin Bandera — De Viaje
- Best Urban Music Album
Vico C — En Honor A La Verdad
- Best Rock Solo Vocal Album
Julieta Venegas — Sí
- Best Rock Album by a Duo/Group with Vocals
La Ley — Libertad
- Best Alternative Music Album
Café Tacuba — Cuatro Caminos
- Best Rock Song
Emmanuel del Real — "Eres" (Café Tacuba)
- Best Salsa Album
Celia Cruz — Regalo del Alma
- Best Merengue Album
Johnny Ventura — Sin Desperdicio
- Best Contemporary Tropical Album
Albita — Albita Llegó
- Best Traditional Tropical Album
Bebo Valdés and Diego El Cigala — Lágrimas Negras
- Best Tropical Song
Sergio George and Fernando Osorio — "Ríe y Llora" (Celia Cruz)
- Best Singer-Songwriter Album
Soraya — Soraya
- Best Ranchero Album
Vicente Fernández and Alejandro Fernández — En Vivo: Juntos Por Ultima Vez
- Best Banda Album
Banda El Recodo — Por Ti
- Best Grupero Album
Alicia Villarreal — Cuando el Corazón Se Cruza
- Best Tejano Album
Jimmy González & El Grupo Mazz — Live en el Valle
- La Tropa F — Un Nuevo Capítulo
- Little Joe & La Familia — Celebration Of Life - Volume Two Live
- Bobby Pulido — Móntame
- Sólido — Vuelve
- Best Norteño Album
Los Tigres del Norte — Pacto de Sangre
- Best Regional Mexican Song
Marco Antonio Solís — "Tu Amor o Tu Desprecio"
- Best Instrumental Album
Yo-Yo Ma — Obrigado Brazil Live In Concert
- Best Folk Album
Kepa Junkera — K
- Best Tango Album
Gerardo Gandini — Postangos en Vivo en Rosario
- Pablo Mainetti — Tres Rincones
- María Estela Monti — Ciudadana
- Orquesta El Arranque — En Vivo en el Auditorio de la Rete Due de Suiza
- María Volonté and Horacio Larumbe — Fuimos
- Best Flamenco Album
Paco de Lucía — Cositas Buenas
- Best Latin Jazz Album
Chucho Valdés — New Conceptions
- Jerry Gonzalez y Los Piratas del Flamenco — Jerry Gonzalez y los Piratas del Flamenco
- Santos Neto Quinteto — Canto Do Rio Jovino
- Diego Urcola — Soundances
- Bebo Valdés and Federico Britos — We Could Make Such Beautiful Music Together
- Best Christian Album (Spanish language)
Marcos Witt — Recordando Otra Vez
- Carlos Guzman — En las Alas de Una Paloma
- Samuel Hernández — Jesús Siempre Llega A Tiempo
- Rojo — 24/7
- Coalo Zamorano — Cosas Poderosas
- Best Christian Album (Portuguese Language)
Aline Barros — Fruto de Amor
- Teus Igreja Batista and Nova Jerusalém — Discípulos
- Fernanda Lara y Giordani Vidal — Livre Para Amar
- Padre Marcelo Rossi — Maria Mãe Do Filho de Deus (Trilha Sonora Original do Filme)
- Gospel Thales — Acústico
- Best Brazilian Contemporary Pop Album
Carlinhos Brown — Carlinhos Brown Es Carlito Marrón
- Best Brazilian Rock Album
Skank — Cosmotron
- Best Samba/Pagode Album
Nana, Dori and Danilo — Para Caymmi. de Nana, Dori e Danilo
- Jorge Aragão — Da Noite Pro Dia
- Monarco — Uma Historia do Samba
- Zeca Pagodinho — Acústico MTV
- Velha Guarda Do Salgueiro — Velha Guarda do Salgueiro
- Best MPB Album
Maria Rita — Maria Rita
- Best Romantic Music Album
Zezé di Camargo & Luciano — Zezé di Camargo y Luciano
- Ataíde & Alexandre — Momento Especial
- Bruno & Marrone — Inevitável
- Juliano Cezar — O Cowboy Vagabundo-Vida de Peão
- Leonardo — Brincadeira Tem Hora
- Marciano — Ao Vivo-Meu Ofício é Cantar
- Best Brazilian Roots/Regional Album
Banda de Pífanos de Caruaru — No Século XXI, no Pátio do Forró
- Ara Ketu — Obrigado a Você
- Cascabulho — É Caco de Vidro Puro
- Maria Dapaz — Luiz Gonzaga na Voz de Maria Dapaz-Vida de Viajante
- Liu & Léu — Jeitão de Caboclo
- Sérgio Reis and Filhos — Violas e Violeiros
- Best Brazilian Song
Milton Nascimento — "A Festa" (Maria Rita)
- Best Latin Children's Album
Niños Adorando — Niños Adorando 2
- Best Classical Album
Various Artists — Jobim Sinfônico
Orquestra Simfònica de Barcelona I Nacional de Catalunya — Carmen Symphony
- Uakti — Clássicos
- Various Artists — Eugenio Toussaint Música de Cámara
- Trío Argentino — Schubert - Fauré
- Joao Carlos Assis Brasil — Villa-Lobos Bachianas Brasileiras Nº 4 e Cirandas João
- Best Engineered Album
Rafa Sardina — No Es Lo Mismo (Alejandro Sanz)
- Producer of the Year
Javier Limón
- Best Music Video
Robi Draco Rosa — "Más y Más"
- Lifetime Achievement Awards
- Trustees Award