The Polar Music Prize was founded in 1989 by Stig ”Stikkan” Anderson. As the publisher, lyricist and manager of ABBA, he played a key role in their enormous success. Its name stems from Anderson’s legendary record label, Polar Music.  The Polar Music Prize is one of the most prestigious and unique music prizes in the world, crossing over musical boundaries and awarded to individuals, groups and institutions in recognition of exceptional achievements.

Björn and his girlfriend Christina Sas attended the ceremony and he was briefly interviewed on the red carpet.

The 2024 Polar Music Prize Laureates were Nile Rodgers and Esa-Pekka Salonen.

The ceremony was shown live on TV4 Play, YouTube and TV4.