According to IFPI
, Asia and Australasia became the second largest global region for physical and digital revenues in 2018 with an 11.7 percent growth.
According to data published by IFPI
, the music industry bottomed out in 2014, when revenue was at a 20-year low of $14.3 billion, nearly $10 billion less than it had been 15 years prior, when physical music sales alone had amounted to $23.8 billion during the peak of the CD era.
Selection process of IFPI
FinTech Awards Ceremony: (1) Importing external authoritative data, including H2 Ventures, KPMG, IBM, PwC, Tsinghua PBCSF and public information of well-known domestic and foreign medias; (2)Voting by WeChat; (3) Assessment of the experts, including IFPI2018 steering committee, experts in FinTech fields, speakers and medias.
Sheeran is the fifth recipient of the Global Recording Artist of the Year Award after One Direction (2013), Taylor Swift (2014), Adele (2015) and Drake (2016).The success Ed has achieved is astonishing and a testament to his ability to write and perform songs that connect with a truly global fanbase," IFPI
chief executive Frances Moore said in a statement.
His third studio album, Divide, was released last March and went multiplatinum in 32 markets, according to the IFPI
estimated that there were 68 million streaming music service subscribers in 2015 (up 45.2% from 2014's 41 million).
For the music industry, the International Federation of the Phonographic Industry (Hong Kong Group) Limited ("IFPI
Hong Kong Group") will stage the sixth edition of the HKAMF on 18 March to promote music culture and build a cross-market platform for the music and media industry in Asia.
UK VINYL RECORD SALES INCREASE 60% The vinyl revival has seen UK record sales rise more than 60% in 12 months, according to figures released by the music industry.Figures from the International Federation of the Phonographic Industry (IFPI
) show vinyl sales in 2014 worth 31.7 million US dollars (PS21 million), up from 19.9 million US dollars (PS13.2 million) in 12 months.
On February 26, 2015, the International Federation of the Phonographic Industry (IFPI
) announced the official acceptance of the global release day concept meaning that new releases from acts associated with the IFPI
would be released on Fridays in all countries involved with the IFPI
around the world.
Percentage rise in global recorded music revenues in 2012 (boosted by downloads, subscription and other channels), according to the IFPI
Digital Music Report 2013.