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IFPI, the group that represents the recorded music business worldwide, has revealed three new International Album Charts, highlighting final yr’s greatest releases by gross sales, in addition to the top-selling vinyl and streaming albums of the yr.
The information follows final week’s launch of the IFPI International Music Report, which confirmed that recorded music revenues grew 10.2% globally in 2023 to $28.6 billion.
Introduced right now (March 28) by IFPI are: The IFPI International Album Gross sales Chart, which incorporates gross sales from all bodily codecs in addition to album downloads; and the IFPI International Vinyl Album Chart contains solely vinyl album gross sales. IFPI says that each charts are purely units-based.
The International Streaming Album Chart, additionally introduced right now, takes into consideration streams from ad-supported and subscription streaming platforms, weighting these streams “in keeping with the economics between codecs and throughout areas”.
Ok-Pop group SEVENTEEN (with their album FML) are No.1 on the IFPI International Album Gross sales Chart, which, as we famous above, measures unit gross sales throughout all bodily codecs, in addition to full album downloads – a mixture, in keeping with IFPI is “referred to as pure gross sales”.
On the finish of February, SEVENTEEN have been additionally named the winner of the IFPI International Album Award for 2023. That chart, in keeping with IFPI, is calculated in keeping with an album’s worldwide gross sales throughout downloads and bodily music, in addition to streaming codecs in the course of the calendar yr.
SEVENTEEN’s album FML bought 6.4 million items globally in 2023, breaking the report for many pre-orders ever for an album in South Korea.
In line with IFPI, 19 of the Prime 20 albums in its International 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 Prime 20 albums in IFPI’s International Album Gross sales Chart final yr 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 Prime 20 was Taylor Swift, together with her album 1989 (Taylor’s Model), which IFPI experiences bought 2.8 million items globally in 2023 (see beneath).
Taylor Swift, who was additionally lately named as IFPI International Recording Artist of the 12 months, held every of the highest three locations within the IFPI International Vinyl Album Chart for 2023 (see beneath).
Swift had a complete of seven albums attain the Prime 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 Pink (Taylor’s Model) (No.15).
In the meantime, nation star Morgan Wallen scored his first ever IFPI International Chart No.1 within the IFPI International Streaming Album Chart.
In line with IFPI, this chart counts world streams from each ad-supported and subscription platforms and calculates a weighted world unit quantity making an allowance for differing economics throughout areas.
Wallen’s 2023 album One Factor at a Time was the largest streaming album of the yr on this foundation, with Wallen additionally showing at No.9 with Harmful: The Double Album.
Lewis Morrison, Director of International Charts & Certifications at IFPI, mentioned: “Congratulations to SEVENTEEN and Taylor Swift for his or her second IFPI International 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 International 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) unimaginable music which discovered a worldwide viewers and achieved huge industrial success in 2023, and the charts themselves spotlight the multitude of the way during which music followers are partaking with their favorite albums all around the world.
“As highlighted in IFPI’s International Music Report, revenues from each digital and bodily music codecs proceed to see wholesome progress, and the mixture of unbelievable artistry, format selection and the tireless work of report labels is the inspiration on which this progress is constructed. Properly completed to everybody who featured in every of the album charts, that are an important abstract of a unbelievable yr for world recorded music.”Music Enterprise Worldwide
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