IFPI Archives

Creativity in music more important than AI

27/11/2023

Creativity in music more important than AI according to a recent study by IFPI, representing the recording industry worldwide. The research comes from the forthcoming Engaging with Music 2023, IFPI’s global report examining how fans around the world engage with, and feel about, music. With responses from more than 43,000 people across 26 countries, the report is the largest music study of its kind and the most detailed insight into fan thinking. This year, for the first time, […]

Global recorded music revenues grew 9% in 2022

21/03/2023

Global recorded music revenues grew 9% in 2022 driven by growth in paid subscription streaming according to IFPI, the organisation that represents the recorded music industry worldwide. Figures released today in IFPI’s Global Music Report show total revenues for 2022 were US$26.2 Bn. Subscription audio streaming revenues increased by 10.3% to US$12.7 Bn and there were 589 million users of paid subscription accounts at the end of 2022. Total streaming (including both paid subscription and advertising-supported) grew by […]

Taylor Swift is IFPI Artist of the Year for third time

23/02/2023

Taylor Swift is IFPI Artist of the Year for third time according to IFPI’s recently published Top 20 Global Recording Artists 2022 chart. This confirms her place as most successful artist in the award’s 10-year history. The Global Recording Artist of the Year Award is calculated according to an artist’s or group’s worldwide performance across digital and physical music formats during the year, from streams to vinyl, and covers their entire body of work. This year […]

Fans around world are listening to more music

17/11/2022

Fans around world are listening to more music according to a recent study by IFPI, representing the recording industry worldwide. Engaging with Music 2022 measured how 44,000 people across 22 countries, the largest study of its kind, engage with music. Engaging with Music 2022 report highlights Average weekly time listening to music grows to 20.1 hours – Music fans are listening to more music today than ever before, spending on average 20.1 hours listening to music weekly (up […]

Global recorded music revenues grew 18.5% In 2021

28/03/2022

Global recorded music revenues grew 18.5% in 2021 driven by growth in paid subscription streaming according to IFPI, the organisation that represents the recorded music industry worldwide. Figures released today in IFPI’s Global Music Report show total revenues for 2021 were US$25.9 Bn. Paid subscription streaming revenues increased by 21.9% US$12.3 Bn. There were 523 million users of paid subscription accounts at the end of 2021. Total streaming (including both paid subscription and advertising-supported) grew by 24.3% […]

Adele’s 30 tops all IFPI’s Global album charts

01/03/2022

Adele’s 30 tops all IFPI’s Global album charts which include the Global Album All Format Chart, the Global Album Sales Chart and the Global Vinyl Album Chart. The Global Album All Format Chart takes into account all consumption formats, spanning physical sales, digital downloads, and streaming platforms across the year. It is weighted based on the relative value of each method of consumption. The Global Album Sales Chart combines global sales of physical albums and digital album downloads and […]

The Weeknd wins IFPI Global Digital Single Award for second year running

28/02/2022

The Weeknd wins IFPI Global Digital Single Award for second year running according to IFPI’s recently published Top 10 Global Digital Singles of 2021 chart. The IFPI Global Digital Single Award is presented to the world’s best-selling single of the year across all digital formats – including paid subscription streaming, ad-supported platforms, and single-track downloads and streams. The Weeknd becomes the first ever artist ever to win the digital single award two years in a […]