German labels win court injunction over stream-ripping site YouTube-DL
The music industry’s fight against stream-ripping services continues, with German labels claiming the latest victory. The post German labels win court injunction over stream-ripping site YouTube-DL appeared first on Music Ally. Source: Music ally
Talking recorded music’s growth in 2022: ‘Emerging markets led the way’
This afternoon sees the publication of the IFPI’s Global Music Report: the annual assessment of how the recorded music industry is growing. The post Talking recorded music’s growth in 2022: ‘Emerging markets led the way’ appeared first on Music Ally. Source: Music ally
Global recorded music revenues grew 9% in 2022 to $26.2bn says IFPI
The global music industry made $26.2bn from recorded music in 2022, according to the IFPI. That’s up 9% year-on-year. The post Global recorded music revenues grew 9% in 2022 to $26.2bn says IFPI appeared first on Music Ally. Source: Music ally
Bad Bunny had the biggest album but 2022 was big for K-Pop too
Last week, the IFPI crowned Taylor Swift as the top artist of 2022 globally, while announcing that Harry Styles had the biggest single of the year. The state was set for a battle between the two for the body’s final award: top album, right?. Not quite. Enter Bad Bunny, making history by becoming the first […]
Harry Styles ‘As It Was’ was the biggest global music track in 2022
The biggest music track globally in 2022 was Harry Styles’ ‘As It Was’ with 2.28bn ‘global subscription stream equivalents’. The post Harry Styles ‘As It Was’ was the biggest global music track in 2022 appeared first on Music Ally. Source: Music ally
Taylor Swift regains top spot from BTS in IFPI global artist chart
It’s annual-awards time for global music body the IFPI, which is staggering its rankings for artists, tracks and albums over several days. The post Taylor Swift regains top spot from BTS in IFPI global artist chart appeared first on Music Ally. Source: Music ally
IFPI publishes its first official music chart for MENA region
The Middle East and North Africa is one of the ‘high potential’ regions being eyed eagerly by the global music industry. The post IFPI publishes its first official music chart for MENA region appeared first on Music Ally. Source: Music ally
IFPI explores 2022’s music-listening trends in its new report
The IFPI’s Global Music Report makes plenty of springtime headlines with its figures for the recorded music industry. The post IFPI explores 2022’s music-listening trends in its new report appeared first on Music Ally. Source: Music ally
IFPI report reveals 7.4% growth in global recorded music revenues
Global recorded music revenues grew by 7.4% to $21.6bn in 2020, according to industry body the IFPI, which has published its annual Global Music Report today. That’s a deceleration compared to 2019, when the market grew by 8.2%, but with 2020 being the year of Covid-19, labels will see the latest figures as a success […]
IFPI says The Weeknd’s ‘Blinding Lights’ was 2020’s top track
Look away now, Grammy Awards organisers: the most controversial omission from this year’s nominations has just been anointed as the biggest ‘global digital single’ of 2020 by industry body the IFPI. It says that The Weeknd’s ‘Blinding Lights’ generated 2.72bn ‘subscription stream equivalents’ globally last year, ahead of second-ranked ‘Dance Monkey’ by Tones and I […]
IFPI and BVMI win injunction against stream-manipulation site
The IFPI and its member bodies are on a drive to crack down on stream-ripping piracy destinations, but ‘streaming manipulation’ sites are also very much on their radar. The latest proof is an injunction issued in Germany against a site called likeservice24·de, which IFPI claims is “a widely-used website engaged in illicit music streaming manipulation […]
IFPI report breaks down music’s €81.9bn annual value for EU
As the music business scraps it out with every other industry for Covid-19 relief, a key part of its argument has been the economic value created by the industry. An aspect that’s at least well-rehearsed, since it is also deployed whenever the music industry is lobbying for changes to copyright legislation. The latest report commissioned […]
European cultural bodies launch Covid-19 recovery campaign
A group of 110 bodies representing the creative and cultural industries are keeping up the pressure on governments and European policymakers over their post-Covid recovery plans. Impala, the IFPI, ICMP and ECSA are among the bodies who have written to national governments and to the European Commission pressing for at least 2% of each country’s ‘national recovery […]
IFPI takes aim at more ‘music streaming manipulation’ sites
Global music body the IFPI is continuing its battle against ‘streaming manipulation’ services. Together with German body BVMI, it has secured court injunctions against the operators of five websites promising to inflate artists’ streaming counts artificially. The sites are Socialnow·de, Socialgeiz·de, Likergeiz·de, Netlikes and Likesandmore, with a sixth site (Fanexplosion·de) having already removed the relevant service in […]
Why is the US share of global recorded music revenue growing?
In 2011, the US accounted for 26% of global recorded music revenues. In 2019, that share had grown to 36% according to industry body the IFPI’s figures, despite that period covering considerable global expansion for music streaming services. Why is the world’s biggest music market taking an even bigger share of the revenue? Former Spotify […]
Were independents the big winners from 2019 streaming growth?
We covered the launch of the IFPI’s latest Global Music Report yesterday, and the official figures showing that global recorded music revenues grew by 8.2% to $20.2bn in 2019 – the biggest total since 2004. Now the analysis is continuing of what the figures tell us about trends in the market. Midia Research, which put out its own […]
Global recorded music industry grew by 8.2% in 2019 says IFPI
Music industry body the IFPI was due to publish its annual Global Music Report in March, with data on worldwide recorded music revenues in 2019. The launch was postponed due to the Covid-19 pandemic, but the report has now been published today. The headline figure: global recorded music revenues grew by 8.2% to $20.2bn in […]
Billie Eilish ‘Bad Guy’ was the biggest global single of 2019
Billie Eilish is going to need to build a new awards cabinet soon: her latest trophy is the IFPI’s award for the biggest global single of 2019, awarded to ‘Bad Guy’. The track notched up 19.5m ‘global converted track equivalents’ last year – a metric that includes audio and video streams as well as download […]
Report: global value of music copyright reached $30.1bn in 2018
One of the quirks of the way the music industry makes its market data available is that we tend to talk about the ‘value of the industry’ purely in terms of recordings: thanks to the IFPI’s annual Global Music Report. Meanwhile, collecting societies body Cisac publishes an annual report of its members’ collections, including a […]
Music listening in 2019: 10 takeaways from the IFPI’s new report
Global music-industry body the IFPI has published its latest ‘Music Listening’ report, for 2019, based on a survey of 34,000 people in 21 countries. Whereas the body’s annual Global Music Report focuses on revenues, this study is all about people’s music habits: how much they’re streaming and buying music; what devices they’re doing it on; […]
Indian music industry debates potential for paid music subs
“I think we’re on course,” said Blaise Fernandes, the president and CEO of India’s official recorded music industry body the Indian Music Industry, when asked on a status update on the country’s plan to break into the top ten of the world’s biggest music markets by 2022, at this year’s edition of the annual All […]
IFPI responds to Plácido Domingo sexual-harassment allegations
Opera star and IFPI chairman Plácido Domingo has been accused of sexual harassment by nine women, with dozens of others telling Associated Press that they witnessed such behaviour from him. Its report was published yesterday, with immediate results: the Philadelphia Orchestra has cancelled an invitation to Domingo to perform, while the LA Opera is launching an investigation. As […]
Despite growth, music labels warn: ‘We should never be complacent’
Four consistent years of global growth is something to swell the record industry’s heart, and the 9.7% rise in 2018 means it is approaching double-digit growth – a big change from the double-digit decline that defined the first decade of this millennium. There’s an increasing focus on the role that emerging markets – or ‘high-potential […]
Streaming drove 9.7% rise in global recorded-music revenues in 2018
Global recorded-music revenues grew by 9.7% in 2018, according to industry body the IFPI. Its annual Global Music Report, which is published today, reveals that strong growth in streaming revenues more than made up for the continued decline in sales of CDs and music downloads. The headline figure is $19.1bn: that’s the total revenue for […]
IFPI’s 2018 singles chart is heavy on tracks from 2017
Global music body the IFPI has named the top 10 ‘best-selling digital singles’ of 2018. And in a sign of how streaming is changing the dynamics of the biggest hits, six of them were actually released in 2017. For example, the top track of 2018 was ‘Havana’ by Camila Cabello, which came out in September 2017. […]