The MUSICNETWORK project was co-supported by the European Commission to bring music industry and related research areas into the interactive multimedia era. It represented a virtual Centre of Excellence during the period of the project and today an international association where music content providers, cultural institutions, industry, and research institutions work together, drawing on their collective assets and mutual interests, to exploit the potential of multimedia music contents with new technologies, tools, products, formats and models. Due to large gaps between needs and real products and solutions, many products in the market fail to exploit the potential of new multimedia technologies effectively. MUSICNETWORK helps research solutions to reach the market by seeking agreements between different actors and formats, by bringing together research institutions, industries, Small and Medium Enterprises (SMEs), and experts to build the required momentum to study and define multimedia music modelling and coding for the new age. MUSICNETWORK activities, actions and services are provided through the project website which can be found online at http://www.interactivemusicnetwork.org.