On February 29, the '2012 Korean Music Awards' was held at the AX Korea in Seoul. The awards ceremony acknowledges the achievement made by the artists in the past year. Winners are decided by a panel of judges consisting of music critics, music radio PDs, and other professionals within the industry.

Prior to the event, the results for the Netizens’ Choice awards were released. As voted by netizens, Verbal Jint won the ‘Netizen-Picked Best Male Singer’, IU won the ‘Netizen-Picked Best Female Singer’ and INFINITE received the honor of ‘Netizen-Picked Best Group’.

Meanwhile, check out the full list of winners at the '2012 Korean Music Awards' below:

• Album of the Year Award
– Jang Kiha and the Faces

• Song of the Year Award
– IU’s “Good Day”

• Musician of the Year Award
– Jang Kiha and the Faces

• Rookie of the Year Award
– ByeByeBadMan

• Best Modern Rock Song Award
– Lee Seung Yeol’s “Not Coming Back”

• Best Modern Rock Album Award
– Lee Seung Yeol’s ‘Why We Fail’

• Best Dance/Electronic Song Award
– 2NE1′s “I Am The Best”

• Best Dance/Electronic Album Award
– Idiotape’s ’11111101′

• Best R&B/Soul Song
– Jung Kigo’s “Blind”

• Best R&B/Soul Album
– Boni’s ’1990′

• Best Rock Song Award
– Jang Kiha and the Faces’ “That Kind of Relationship”

• Best Rock Album Award
– Jang Kiha and the Faces’ “Jang Kiha and the Faces”

• Best Pop Song Award
– IU’s “Good Day”

• Best Pop Album Award
– Neon Bunny’s ‘Seoulight’

• Best Rap/Hip Hop Song Award
– Meta & Wrecks “Yes, Yes, Ya’ll”

• Best Rap/Hip Hop Album Award
– Simo & Mood Schula’s ‘Simo & Mood Schula’

• Best Jazz/Cross Over Album Award
– BG Salon

• Best Crossover Album Award
– Park Joo Won’s ‘Sad Fiesta’

• Best Jazz/Crossover Performance Award
– Song Young Joo

• Best Movie/TV Soundtrack
– “Late Autumn”