In this article we discuss various aspects of the discipline of musicology, particularly in Scandinavia: the notion of its broad subject matter, its strong dependency on other disciplines and what we conceive of as a lack of theoretical foundation proper to the discipline itself. Despite the broad scope of the discipline, we argue that what is unique for musi-cology is the analysis and interpretation of music. The elaboration of this basic prop-osition involves a sketch of a theory of musical meaning, and a reevalutation of the distinction between ‘functional ’ and ‘aesthetic ’ music. Musicology Today ‘Musicology beyond 1999 – by who, for whom, about what and by which methods’, was the thought-provoking title of the colloquium arranged by t...