The MAMA Award for Artist of the Year is a daesang award presented by CJ E&M (Mnet) at the annual MAMA Awards. It was first awarded at the event's 8th ceremony held in 2006; the five-member boyband group TVXQ won the award, and it is given in honor for artists with artistic achievement, technical proficiency and overall excellence in the music industry.

The 2006 Mnet KM Music Festival (MKMF) was the eighth of the annual music awards in Seoul, South Korea that took place on November 25, 2006, at the Olympic Gymnastics Arena.