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The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by each market varies from year to year.
Markets' order within the tables is based on Retail Value: each market generates respectively, the largest market at the top and smallest at the bottom. [9] [10] The column for certified sales includes markets, the databases of which contain certifications representing figures of 100,000 and more.
Record sales or music sales are activities related to selling music recordings (albums, singles, or music videos) through physical record shops or digital music stores. [ 1 ] [ 2 ] [ 3 ] Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music.
Kabiru Bello, Warner Music Group’s VP of Global A&R enthused about the cross-pollination of markets and the artist collaborations happening between different regions, while Granite saw huge ...
The largest portion of the live music market for concerts and tours is controlled by Live Nation, the largest promoter and music venue owner. Live Nation is a former subsidiary of iHeartMedia Inc, which is the largest owner of radio stations in the United States.
[73] [74] In 2019, Billboard listed Ed Sheeran's ÷ Tour as the top tour of the year ($223.7 million), instead of Pink's Beautiful Trauma World Tour ($215.2 million) as reported by Pollstar. However, Billboard ' s figure included Sheeran's gross from November 2018 shows; therefore, Pollstar ' s figure is closer to accurate for the 2019 calendar ...
Universal Music Group has struck an agreement to acquire majority control of the second largest music catalog in Thailand, one of the fastest growing music markets in Asia. It is buying 70% of the ...
Taylor Swift is the highest-grossing live music artist of all time, collecting $3 billion according to Pollstar. The Rolling Stones are the highest-grossing live music group of all time, collecting over $2.9 billion according to Billboard Boxscore. U2, Coldplay, and Elton John also passed two-billion mark in concert revenue.