The 20-company Billboard Global Music Index reached a record 1,566.45, up 3.9% from the prior week.
Of the 184 million tracks in Luminate’s database, 43% were streamed fewer than 10 times and 25% weren't streamed at all in 2023.
In November 2021, "Blinding Lights" dethroned Chubby Checker's "The Twist" as the No. 1 Billboard Hot 100 hit of all time.
The Billboard Global Music Index dropped 1.4% to 1,512.40 as stocks — music and otherwise — started the new year on a down note.
In the final week of 2023, the 20-stock music index gained 1.1% to 1,534.07.
“I had pretty wild dreams, I knew this was going to work,” says Mia Nygren, managing director for Latam.
The Billboard Global Music Index fell 0.3% to 1,517.98, lowering its year-to-date gain to 30.0%.
This week's most important music industry stories in Canada.
