Room reverberation, as is familiar in particular in large buildings such as churches, railway stations or concert halls, considerably influences the speech intelligibility and quality of speech and music signals. Whereas reverberation can increase the perceived quality of music signals, the intelligibility of speech signals is often significantly impaired. This is true both for perception by human hearing as well as for technical systems, e.g. machine speech recognition. In the Marie-Curie Initial Training Network »DREAMS (Dereverberation and Reverberation of Audio, Music, and Speech)«, twelve European partners from the fields of industry and research are investigating the influence of room reverberation on music and speech signals. In addition to carrying out modeling and evaluation, the partners are also developing signal processing strategies designed to remove reverberation components.