Mediterranean music festival is the leading domestic, light music festival held next to the ancient walls of Budva, late in June every year. The purpose of the festival is to affirm Mediterranean melodies, offering tens of new hits, widely sang and remembered, every year. A three-day long light-music festival gives young people an opportunity for affirmation. During recent years, the festival has been gaining an international character with more and more guests coming from neighboring, and other countries from the Mediterranean region. The Festival is based on the already tested programme conception, which, apart from the Mediterranean and pop music contest, also includes the participation of domestic and foreign artists, as well as the presentation of haute couture of worldly famous designers. Some of the guests of the Festival were Toto Cotugno, Al Bano, Spagna, Goran Bregovic, Zdravko Colic, Bajaga etc.

Festival compositions and performances are selected in a competition, and an official jury decides which tunes will be performed at the festival, as well as what prizes will be awarded.