The trio of reports revealed continued subscription growth but smaller improvements than in previous years as the major labels increasingly look to small and developing markets.
With Brazil at No. 9, 2024 marks the first year two Latin American countries appear in the top 10 of IFPI's rankings, which are based on recorded music revenue.
Streaming revenues surpass $20 billion for the first time, representing just under 70% of global recorded music sales.
Swift creates history by being named as the IFPI’s biggest-selling artist worldwide for the fifth time, and for the third consecutive year.
Oakley succeeds Frances Moore, who retired in December 2023 after leading the trade body since 2010.
An “unprecedented” 19 of the top 20 titles on the IFPI Global Album Sales Chart were created by South Korean acts.
A traditional measure of record labels covers sales, streaming, synch and performances. But today's labels do far more.
The total figure is the highest mark since 1999, not counting for inflation, while the number of paid streaming subscriptions passed 500 million for the first time.
SEVENTEEN nab their first IFPI Global Album Award with "FML."
The trade body today counts down the top 10 global singles, with Cyrus marking her first appearance on the list.
