During January and February, a total of 15 songs were showcased in three semi finals of five songs each. Two songs qualified each week, and in the third semi final it was announced that Rósa Birgitta Ísfeld had won the wildcard, thus taking the seventh available place in the final.
Tonight's final was held in the Harpa Concert Hall in Reykjavik, which only held it's first concert in 2011, and was presented by 1997 Icelandic representative Páll Óskar Hjálmtýsson and Brynja Þorgeirsdóttir.
Hera Bjork opened the show with a medley of songs from the Eurovision Song Contest including the 2007 winner Molitva and the 1988 winner Ne Partez Pas Sans Moi.
Prior to each song, the artists were interviewed in a short postcard. Tonight's running order was as follows:-
- Heiða and Guðrún Árný - Aldrei Sleppir Mér
- Magni Ásgeirsson - Hugarró
- Rósa Birgitta Ísfeld - Stund Með Þér
- Simbi & Hrútspungarnir - Hey
- Regína Ósk Óskarsdóttir - Hjartað Brennur
- Blár Opal - Stattu Upp
- Gréta Salóme & Jónsi - Mundu Eftir Mér
Páll Óskar performed a song during the interval act. He then quickly returned to the green room for more interviews. A showcase of Icelandic hits was then shown before the final results were announced.
Gréta Salóme & Jónsi were announced as the first act to make the final two shortlist. Then it was revealed that Blár Opal would join them. There was tension on stage before the hosts announced that Gréta Salóme and Jónsi had emerged victorious.
Iceland will perform in the first half of the First Semi-Final of Europe's Favourite TV Show on Tuesday 22nd May 2012 in baku.