IFPI Archives

Music supports 2 million jobs in EU and UK

17/11/2020

Music supports 2 million jobs in EU and UK and contributes €81.9 Bn annually to the economy according to a study by Oxford Economics commissioned by IFPI. The study, entitled The Economic Impact of Music in Europe, using 2018 data, found that music’s annual economic contributions to the EU28 include: Supporting two million jobs Contributing €81.9 billion in gross value added to GDP, and Exporting €9.7 billion worth of goods and services to countries outside […]

IFPI produces Global Music Industry COVID-19 response tracker

14/05/2020

IFPI produces Global Music Industry COVID-19 response tracker to provide detailed information about music industry-related measures and initiatives in place across the world to combat the impact of COVID-19. The interactive map is can be clicked on or you can use the filters to search by type of initiative and country to find out what actions are in place at national and global level across music industry bodies, record labels, governments, the live sector, digital […]

IFPI issues Global Music Report 2019

04/05/2020

IFPI issues Global Music Report 2019 which showed that global revenues grew by 8.2% to US$20.2 Bn and that streaming accounted for more than half (56.1%) of global recorded music revenue. Frances Moore, chief executive of IFPI, said: “The Global Music Report we issued today covers results for 2019 and reflects the successful work and investment of music creators – from record companies to artists and beyond. Importantly, the strong foundation we built over the […]

Finland’s music industry grew 10% in 2019

29/03/2020

Finland’s music industry grew 10% in 2019 with streaming making up 87% of the market according to IFPI Finland’s member companies. The value of recordings in Finland increased by 9.3% in 2019 to €55.2 million – the fifth consecutive year of growth. With other copyright revenues the total value of music consumption in 2019 increased to €78.6 million. The increase is due to the increasing popularity of streaming services, and in particular an increase in […]

ARASHI receiving the IFPI award for Top Global Album of 2019

ARASHI awarded Global Album of 2019

19/03/2020

ARASHI awarded Global Album of 2019 by IFPI for their 20th Anniversary Compilation 5×20 All the BEST!! 1999-2019. ARASHI (Satoshi Ohno, Sho Sakurai, Masaki Aiba, Kazunari Ninomiya, and Jun Matsumoto) was formed in 1999 and released their first single A-RA-SHI in November that year. They went on to release multiple million-seller albums over the next two decades. In June 2019, they released their 20th anniversary compilation 5×20 All the BEST!! 1999-2019 and staged the ARASHI […]

IFPI chief executive Frances Moore presenting Billie Eilish with the IFPI award for biggest global single of 2019

bad guy by Billie Eilish named Biggest Global Single of 2019

12/03/2020

bad guy by Billie Eilish named Biggest Global Single of 2019 according to IFPI who recently published the Top 10 Global Digital Singles 2019. bad guy is the fifth single from Eilish’s first album WHEN WE ALL FALL ASLEEP, WHERE DO WE GO? and was released alongside it on 29th March 2019. The song was an instant hit, topping the charts in more than 15 countries around the world, including the US, Australia, Canada and […]

German stream manipulator shut down

05/03/2020

German stream manipulator, Followerschmiede.de, is shut down following the granting of a court injunction to IFPI and BVMI. The injunction is part of a broader effort to prevent ‘fake streams’. The injunction orders Germany-based Followerschmiede.de, which creates ‘plays’ on a digital service provider that do not represent the actual consumption of music by a genuine consumer, to discontinue that activity. This action is the latest development in the global recording industry’s ongoing strategy to tackle […]