Mumbai: The Indian Music Industry in affiliation with the International Federation of the Phonographic Industry introduced its first ever international music chart on June 21. “The introduction of the IMI International Top 20 Singles Chart is a great milestone for music in India and is an important step in the development of further charts to capture the full extent of …
South Korean band BTS The global recorded music market grew by 7.4 percent in 2020, the sixth consecutive year of growth, according to the Federation of the Phonographic Industry, the organization that represents the recorded music industry worldwide. Total streaming grew 19.9 percent and reached $13.4 billion, or 62.1 percent of total global recorded music revenues. Recorded music revenues grew …