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IFPI, the group that represents the recorded music business worldwide, has printed three new World Album Charts, highlighting final 12 months’s greatest releases by gross sales, in addition to the top-selling vinyl and streaming albums of the 12 months.
The information follows final week’s launch of the IFPI World Music Report, which confirmed that recorded music revenues grew 10.2% globally in 2023 to $28.6 billion.
Introduced in the present day (March 28) by IFPI are: The IFPI World Album Gross sales Chart, which incorporates gross sales from all bodily codecs in addition to album downloads; and the IFPI World Vinyl Album Chart consists of solely vinyl album gross sales. IFPI says that each charts are purely units-based.
The World Streaming Album Chart, additionally introduced in the present day, takes under consideration streams from ad-supported and subscription streaming platforms, weighting these streams “in response to the economics between codecs and throughout areas”.
Ok-Pop group SEVENTEEN (with their album FML) are No.1 on the IFPI World Album Gross sales Chart, which, as we famous above, measures unit gross sales throughout all bodily codecs, in addition to full album downloads – a mix, in response to IFPI is “generally known as pure gross sales”.
On the finish of February, SEVENTEEN have been additionally named the winner of the IFPI World Album Award for 2023. That chart, in response to IFPI, is calculated in response to an album’s worldwide gross sales throughout downloads and bodily music, in addition to streaming codecs throughout the calendar 12 months.
SEVENTEEN’s album FML offered 6.4 million items globally in 2023, breaking the document for many pre-orders ever for an album in South Korea.
Based on IFPI, 19 of the High 20 albums in its World Album Gross sales Chart, (which incorporates gross sales from all bodily codecs in addition to album downloads) come from Ok-Pop acts.
To flip that stat round, solely one of the High 20 albums in IFPI’s World Album Gross sales Chart final 12 months WASN’T by a Ok-Pop act.
IFPI famous on Thursday that this feat is “unprecedented” and demonstrates South Korean artists’ “world dominance of the bodily album format”.
The one non-Ok-Pop artist current within the High 20 was Taylor Swift, together with her album 1989 (Taylor’s Model), which IFPI stories offered 2.8 million items globally in 2023 (see under).
Taylor Swift, who was additionally lately named as IFPI World Recording Artist of the Yr, held every of the highest three locations within the IFPI World Vinyl Album Chart for 2023 (see under).
Swift had a complete of seven albums attain the High 20 of that Chart general, with the releases of 1989 (Taylor’s Model) at No.1, Communicate Now (Taylor’s Model at No.2) and Midnights at No.3 joined by folklore (No.7), Lover (No.9), evermore (No.13) and Purple (Taylor’s Model) (No.15).
In the meantime, nation star Morgan Wallen scored his first ever IFPI World Chart No.1 within the IFPI World Streaming Album Chart.
Based on IFPI, this chart counts world streams from each ad-supported and subscription platforms and calculates a weighted world unit quantity considering differing economics throughout areas.
Wallen’s 2023 album One Factor at a Time was the largest streaming album of the 12 months on this foundation, with Wallen additionally showing at No.9 with Harmful: The Double Album.
Lewis Morrison, Director of World Charts & Certifications at IFPI, stated: “Congratulations to SEVENTEEN and Taylor Swift for his or her second IFPI World Charts awards of 2023, and to Morgan Wallen for his first ever world No.1.”
“Congratulations to SEVENTEEN and Taylor Swift for his or her second IFPI World Charts awards of 2023, and to Morgan Wallen for his first ever world No.1.”
Lewis Morrison, IFPI
Morrison added: “Every of those artists created (or within the case of Taylor, reimagined) unbelievable music which discovered a worldwide viewers and achieved monumental industrial success in 2023, and the charts themselves spotlight the multitude of the way by which music followers are partaking with their favorite albums all around the world.
“As highlighted in IFPI’s World Music Report, revenues from each digital and bodily music codecs proceed to see wholesome development, and the mix of unbelievable artistry, format selection and the tireless work of document labels is the muse on which this development is constructed. Properly carried out to everybody who featured in every of the album charts, that are a terrific abstract of a unbelievable 12 months for world recorded music.”Music Enterprise Worldwide
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