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The IFPI Global Recording Artist of the Year has been awarded every year since January 2014, with British boy band One Direction becoming the first act to receive the accolade for 2013. [2] This success was attributed to the band's third studio album, Midnight Memories , which became the best-selling album of the year. [ 3 ]
The Grammy Award for Best Global Music Performance is an honor presented to recording artists for influential music from around the globe at the Grammy Awards, a ceremony that was established in 1958 and originally called the Gramophone Awards. [1]
The standard of an album-equivalent unit in the United States, according to the RIAA. 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 ...
After all, the global recorded music industry trade body’s report has chronicled both the industry’s long, painful period of physical decline and celebrated its streaming-led return to growth ...
BTS were again credited as one of the acts that helped boost global music industry revenues to $21.6 billion in 2020, the highest figure since 2002. [186] Forbes Korea named BTS the most influential celebrities of Korea in 2018 and 2020, [55] and BTS ranked 43rd in the Forbes Celebrity 100 (2019) as one of the world's top-earning celebrities.
Total annual unit sales (CDs, music videos, MP3s) in 2004 were 3 billion. Additionally, according to an IFPI report published in August 2005, [44] the big four accounted for 71.7% of retail music sales: Universal Music Group—25.5%; Sony BMG Music Entertainment—21.5%; EMI Group—13.4%; Warner Music Group—11.3%; Independent labels combined ...
Bias towards older artists. There is a broader genre spectrum of music to listen to now which limits the number of listeners. Bias towards modern artists. Comparatively fewer successful pre-modern artists will have sold more records, as both global spending power and population have increased.
The Brit Award for Outstanding Contribution to Music is the Lifetime Achievement award given by the British Phonographic Industry (BPI), [1] [2] an organisation which represents record companies and artists in the United Kingdom. [3] The accolade is presented at the Brit Awards, an annual celebration of British and international music. [4]