What is the purpose of IFPI?

Function. IFPI’s mission is to promote the value of recorded music, campaign for record producer rights, and expand the commercial uses of recorded music.

What is the IFPI global artist chart?

The Global Recording Artist of the Year is an award presented by the International Federation of the Phonographic Industry (IFPI) to honor the best-performing recording artist based on a total of album-equivalent units, which include music downloads, streaming and physical format sales.

What is BTS IFPI?

24), the International Federation of the Phonographic Industry (IFPI) – the official organization that represents the recording industry worldwide – announced that BTS has earned the global recording artist of the year award for 2021.

What is IFPI global music report?

IFPI is the voice of the recording industry worldwide, representing over 8,000 record company members across the globe. We work to promote the value of recorded music, campaign for the rights of record producers and expand the commercial uses of recorded music around the world.

Why is BTS the best artist?

South Korean boyband BTS has emerged as world’s top artist after IFPI figures revealed their heavy contribution to the global music industry in 2021. Touted as the biggest band in the world, South Korean pop group BTS is known for their record-breaking album sales.

Is Drake a global artist?

Among the world’s best-selling music artists, with over 170 million records sold, Drake is ranked as the highest-certified digital singles artist in the United States by the RIAA….Drake (musician)

Drake
Drake performing in 2016
Born	Aubrey Drake Graham October 24, 1986 Toronto, Ontario, Canada
Other names	Champagne Papi Drizzy 6 God

Who has sold one billion records?

Over the course of Elvis’ life, he achieved some of the highest accolades in music and film. It is estimated that more than one billion Elvis records have been sold worldwide, more than anyone in record industry history.

Who is the best recording artist of 2021?

Taking the top spot for the second consecutive year are global superstars, BTS.

Is the music industry worth it?

Global music revenues grew at the fastest rate in more than two decades last year, with help from artists like BTS, Taylor Swift and Adele. Revenues surged by 18.5% to $25.9bn (£19.5bn) in 2021, the highest level since records began in the 1990s.

How much does the music streaming industry make?

Music streaming revenue has increased astronomically in the last six years alone – growing from 1.9 billion U.S. dollars in 2014 to 12.4 billion in 2021.

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