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The album-equivalent unit, or album equivalent, [ 1] is a measurement unit in music industry to define the consumption of music that equals the purchase of one album copy. [ 2][ 3] This consumption includes streaming and song downloads in addition to traditional album sales. The album-equivalent unit was introduced in the mid-2010s as an answer ...
List of best-selling music artists. The following list of best-selling music artists includes musical artists from the 20th century to the present with claims of 75 million or more record sales worldwide. The sales figures are calculated based on the formula detailed below. The tables are listed with each artist's claimed sales figure (s) and ...
Record labels may be small, localized and "independent" ("indie"), or they may be part of a large international media group, or somewhere in between.The Association of Independent Music (AIM) defines a 'major' as "a multinational company which (together with the companies in its group) has more than 5% of the world market(s) for the sale of records or music videos."
The Global Recording Artist of the Year is an award presented by the International Federation of the Phonographic Industry (IFPI) to honor the year's commercially best-performing musician, based on global album-equivalent units earned, which includes music downloads, streaming and physical sales. [1] It has been awarded every year since January ...
Global recorded music revenues were up 10.2% in 2023 to $28.6 billion, the ninth consecutive year of growth, and better than last year’s 9% rise. The number of paid music streaming subscriptions ...
Music of the United States. The United States' multi-ethnic population is reflected through a diverse array of styles of music. It is a mixture of music influenced by the music of Europe, Indigenous peoples, West Africa, Latin America, Middle East, North Africa, amongst many other places. The country's most internationally renowned genres are ...
A musical instrument is a device created or adapted to make musical sounds. In principle, any object that produces sound can be considered a musical instrument—it is through purpose that the object becomes a musical instrument. A person who plays a musical instrument is known as an instrumentalist.
The main branches of the music industry are the live music industry, the recording industry, and all the companies that train, support, supply and represent musicians.. The recording industry produces three separate products: compositions (songs, pieces, lyrics), recordings (audio and video) and media (such as CDs or MP3s, and DVDs).