The Premium Edition of the IFPI Global Music Report 2025, also available here!
PRESS RELEASE
RIAS Chart rebrands as the Official Singapore Chart, with a new regional charts hub for music fans
~ Launched by IFPI in collaboration with RIAS and backed by the recorded music industry, the Official Singapore Chart will be available alongside official weekly rankings from five other ASEAN markets ~
23rd January 2025 – IFPI, representing the recording industry worldwide, has today announced the relaunch of the RIAS Chart as The Official Singapore Chart, the definitive source of official, industry-backed weekly music charts in the country.
This week’s charts continued to be dominated by Bruno Mars, who took the #1 spot for the 13th consecutive week with his “APT” collaboration with K-Pop star ROSÉ, while his collaboration with Lady Gaga on “Die with A Smile” continued for another week at #2.
The chart will showcase the most popular tracks from local and international artists based on streaming across all major platforms and will be available alongside Official Charts for five other ASEAN markets at the Official Southeast Asia Charts website (www.officialseacharts.com) and via the related social media channels on Instagram and Facebook, as well as on RIAS’s Instagram channel and website.
Reacting to the news, Kenny Ong, Managing Director, Singapore, Vietnam and Malaysia, Sony Music Entertainment, and the Chairman of RIAS, said:
“We are delighted to announce the launch of the Official Singapore Chart, which is an important milestone for our music ecosystem. The new regional hub will be an incredible chance for fans to engage with their favourite singers and will be a great way to discover new favourite artists from across Southeast Asia.”
Nancy Seah, Managing Director RIAS, said:
“A new central hub – bringing together RIAS with others – will be exciting for music fans and artists alike. The development of a bigger platform not only celebrates success, but it also allows for the discovery of new genres and styles.”
Supported by the recorded music industry, the Official Singapore Chart combines streams from global platforms Apple Music, Deezer, Spotify and YouTube. The charts are managed by IFPI and are built on data prepared by BMAT, in accordance with IFPI’s global charts principles and methodologies.
As well as the weekly charts updates, music fans in the region can look forward to a host of exclusive artist content at www.officialseacharts.com, the official music hub of Southeast Asia.
About the Official Southeast Asia Charts
The Official Southeast Asia Charts are a collection of weekly streaming singles charts – the Official Indonesia Chart, Official Malaysia Chart, Official Philippines Chart, Official Singapore Chart, Official Thailand Chart and Official Vietnam Chart. The data collection week runs from Friday to Thursday, with the charts released at www.officialseacharts.com and on the Official Southeast Asia Instagram and Facebook accounts each Tuesday.
In addition to the official charts for each country, four speciality charts are also delivered each week. In Indonesia, the Official Indonesia Domestic Chart, in Malaysia the Domestic and Chinese Charts, and the Regional Chart in Singapore.
All charts include chart-eligible streams from Apple Music, Deezer, Spotify and YouTube, while the Official Indonesia and Indonesia Domestic Charts also include Langit Musik. In accordance with IFPI’s global chart principles, streams from each market are weighted to take into account the difference in economic value between the free and paid tiers of streaming services. This delivers charts which reflect the volume and the value of streams across the region, celebrating the biggest songs of the week.
About IFPI
IFPI is the voice of the recording industry worldwide, representing over 8,000 record company members across the globe. We work to promote the value of recorded music, campaign for the rights of record producers and expand the commercial uses of recorded music around the world.
About BMAT
BMAT is a music innovation company with a mission to index all music usage and ownership data. In addition to its role in compiling official streaming charts around the world, they help music companies better their data operations to make sure artists get paid for their plays. Every day BMAT delivers 27 billion matches and 80 million identifications to CMOs, publishers, record labels, broadcasters and DSPs globally.
About RIAS
The Recording Industry Association Singapore (RIAS) has been at the forefront of music development for the past 40 years. As the national representative of the International Federation of the Phonographic Industry (IFPI), RIAS is dedicated to fostering a vibrant music ecosystem in Singapore, where performing artists can thrive and build sustainable careers.
For further information please contact:
press@ifpi.org | +44 (0)20 7878 7979
The unique award is calculated according to an artist’s or group’s worldwide sales across streaming, download and physical music formats during the calendar year and covers their entire body of work. The award is presented to the artist finishing #1 in IFPI’s Global Artist Chart, which was also released today.
This year marks the 11th year of the IFPI Global Recording Artist of the Year Award, with Taylor Swift having topped the chart more than any other artist during that time (her 2023 win following successes in 2014, 2019 and 2022). This latest win follows a stellar year in which the artist has seen three albums (Midnights and the Taylor’s Version releases of the Speak Now and 1989 albums) top the charts, and the record-breaking Eras tour lift engagement with her entire catalogue on streaming platforms around the world. This phenomenon was demonstrated by the resurgence of the track Cruel Summer, initially released in 2019 but which topped charts around the world four years later.
K-Pop stars SEVENTEEN and Stray Kids placed second and third respectively in the chart in a record year for Korean artists. Four K-Pop acts featured in the Top 10 with TOMORROW X TOGETHER AT #7 and NewJeans at #8, while IVE and NCT Dream also made their first appearances in the IFPI Global Artist Chart Top 20, at #12 and #15 respectively.
US country star Morgan Wallen (#6) also made his first ever appearance in the IFPI Global Artist chart following the huge success of 2023 release One Thing At A Time, and Lana Del Rey (#10) also entered the Top 10 for the first time, beating her previous high of #17 in 2014. Outside the Top 10, Japanese stars King & Prince and US artists SZA and Zach Bryan also made their IFPI Global Artist Chart debuts. All in all, eight of the Top 20 artists in 2023 were making their first appearance in the chart.
Lewis Morrison, Director of Charts and Certifications at IFPI said: “We are immensely proud to award the IFPI Global Recording Artist of the Year Award to Taylor Swift for the fourth time, as she continues to redefine the limits of global success. Taylor is a singular talent and her commitment to her craft and her fans is truly phenomenal.
“It is also fantastic to see so many artists entering the chart for the first time, and the return of established acts years after their last appearance. As the global recorded music landscape shifts and new opportunities emerge, record companies continue their work to build global, long-term careers for their artists.”
About the IFPI Global Charts
IFPI’s Global Charts provide the most complete picture of artist, album and track performance worldwide. The Charts capture streaming, downloads and physical formats in every country directly from the participating record labels, which is then converted using IFPI’s unique methodology to a single, global chart figure. The methodology, developed in partnership with IFPI’s member record labels, reflects global commercial success by combining the most exhaustive reporting of unit sales and streams with the country-level economics of each consumption type.
IFPI’s global study finds we’re listening to more music in more ways than ever
11th December 2023 – IFPI, representing the recording industry worldwide, today released Engaging with Music 2023, its global report examining how people around the world engage with and feel about music.
Highlights of the 2023 report’s findings include:
- We’re listening to more music than ever.
- 20.7 hours – The time, on average, that people spend listening to music each week (up from 20.1 hours in 2022). That’s the equivalent of listening to an additional thirteen three-minute songs per week in 2023.
- We’re engaging with music via more methods.
- 79% of people think there are more ways to listen to music than ever before (up from 76% in 2022). On average people use more than seven different methods to engage with music.
- There is high awareness of AI among music fans, but almost all think human creativity must be respected.
- 79% agree that human creativity is essential to the creation of music.
- 74% of people with awareness of AI’s music capabilities agree that AI should not be used to clone or impersonate music artists without authorisation.
- The audio streaming market continues to grow, led by subscription audio
- 73% of people say they listen to music through licensed audio streaming services (subscription and ad-supported).
- +7% – There was growth in time spent listening to music on subscription audio streaming services.
- Pop is still the most popular genre in the world, with people identifying over 700 genres they typically listen to. Local genres are more and more in demand.
- 57% of people say it’s important to them that they can access music that comes from anywhere in the world – 65% among 16-24s. On average, fans worldwide listened to more than eight different genres of music.
- Music is hugely important for our mental health and well-being.
- 71% say music is important to their mental health.
- 78% say music helps them relax and cope with stress.
- Unlicensed music is still a significant issue.
- 29% use unlicensed or illegal ways to listen to or obtain music.
Frances Moore, IFPI Chief Executive, said: “Music is incredibly important to people’s lives. Engaging with Music shows how fans are seizing the opportunities to listen to more music in more ways than they have ever done before.
“However, the use of unlicensed music remains a significant issue for the music community, especially as technologies continue to evolve. We need to continue to do everything in our power to support and protect the value of music.”
As trailed recently, for the first time, this year the report includes a section dedicated to artificial intelligence (AI) as generative AI technology’s rapid advancement continues to present both opportunities and challenges for the music community and artists. What is clear is that fans deeply value authenticity – nearly eight-in-ten music fans (79%) feel human creativity remains essential to the creation of music.
For fans aware of generative AI’s ability to take and copy existing artists’ repertoire, authorisation for the use of any artist’s music is seen as absolutely non-negotiable: 76% feel that an artist’s music or vocals should not be used or ingested by AI without permission. Further, 74% agree that AI should not be used to clone or impersonate artists without authorisation. The vast majority of fans also support the need for transparency, as 73% agree that an AI system should clearly list any music that it has used.
Download full report here
The deal will also see Warner Music Singapore working closely in partnership with Cross Ratio Entertainment to unlock new opportunities for artists and the business. This includes collaborating on new releases, catalogues, brand partnerships, synchronization deals, marketing events, as well as identifying and upstreaming potential artists.
The growth of the Asian market in recent years has proven that Asian music has huge potential for a global audience. With the success of multi-lingual acts and Singapore acting as a regional hub, the labels will employ their mutual strengths in tandem to successfully export artists across Asia and beyond.
Cross Ratio Entertainment is one of Singapore’s most successful independent record labels. It was founded by Dean Augustine, a veteran with more than 30 years of experience in the music industry who has worked on the development and promotion of artists such as Aiza Seguerra, MlCappella, Tay Kewei, and Vanessa Carlton. With a roster of artists including Akeem Jahat, Alfred Sim, Belinda Lee, and Derrick Hoh as well as over 200 music distribution artists such as Carla D, Fauzie Laily, Gentle Bones, and Narysal, the music company boasts an extensive catalogue from some of Singapore’s most active and prominent artists.
Commenting on the alliance, Dean said: “Cross Ratio Entertainment and our talented roster of artists are excited to be joining forces with Warner Music Singapore. It has always been our mission to grow and assist artists to break into the music industry in the region and across the world. We trust that through this collaboration, we can leverage on Warner Music’s strength, regional and global expertise to help us put the music of our homegrown artists on the map.” Gerald Ang, Managing Director, Warner Music Singapore stated: “It’s an honour for Warner Music Singapore to support and partner with Cross Ratio Entertainment in their efforts. Dean has built one of the finest independent record labels in Singapore. Over the years, they have identified and developed a solid repertoire of some of the most notable artists in Singapore, especially in the C-Pop space. Likewise, we are deeply committed to connecting artists with fans in South-East Asia, Greater China and beyond, further strengthening our collective position in C-Pop in the region. Our deep understanding of the markets and worldwide network will enable us to pave a new way for their incredible music to audiences across the globe.”
Subscription audio streaming revenues increased by 10.3% to US$12.7 billion and there were 589 million users of paid subscription accounts at the end of 2022. Total streaming (including both paid subscription and advertising-supported) grew by 11.5% to reach US$17.5 billion, or 67.0% of total global recorded music revenues. There was growth in other areas too with physical revenues remaining resilient (+4.0%); performance rights revenue increasing by 8.6% and returning to pre-pandemic levels; and synchronisation income climbing by 22.3%.
Commenting on the release of the Global Music Report, IFPI Chief Executive Frances Moore, said:
“This year’s report tells the continued story of record companies’ commitment to their core mission – working with artists to help them achieve their greatest creative and commercial potential over the course of a career. That requires an artist-label partnership that constantly evolves and innovates so that it can capitalise on opportunities in more business areas and more parts of the world.
“Record companies’ investment and innovation has helped make music even more globally interconnected than ever, building out local teams around the world, and working with artists from a growing variety of music scenes. This is driving music’s development whilst enabling fans to seize the expanding opportunities to embrace and celebrate their own local artists and culture.
“However, as the opportunities for music continue to expand, so too do the areas in which record companies must work to ensure that the value of the music artists are creating is recognised and returned. This challenge is becoming increasingly complex as a greater number of actors seek to benefit from music whilst playing no part in investing in and developing it.”
Growth in the world’s regions:
Recorded music revenues grew in every region around the world in 2022:
- Asia grew by 15.4% with its largest market, Japan, seeing growth of 5.4% whilst the second largest market, China, grew by more than 20% (28.4%), becoming a global top five market for the first time. In a continuing trend, Asia also accounted for almost half of global physical revenues (49.8%).
- Australasia experienced growth of 8.1%, an increase on the prior year’s growth rate of +4.7%. Australia (+8.1%) remained a top 10 market globally and New Zealand saw a rise in streaming revenues push the overall market to growth of 8.0%.
- Revenues in Europe, the second-largest recorded music region in the world, grew by 7.5%, with the region’s three biggest markets all posting gains: UK (+5.4%), Germany (+2.2%) and France (+7.7%).
- Latin America saw gains of 25.9%, maintaining more than 10 years of regional increases. Every market in the region posted double-digit growth.
- Middle East and North Africa – previously the fastest growing market in 2021, MENA had third highest growth rate in 2022, seeing increase of 23.8%, and representing the highest share for streaming of any region globally (95.5%).
- Sub-Saharan Africa – becoming the fastest growing region in 2022 with more than 30% growth (34.7%), SSA was driven largely by a significant boost to revenues in the region’s largest market, South Africa (+31.4%).
- The USA & Canada region – the world’s largest in revenue terms – grew by 5.0% in 2022; The world’s single biggest market, the USA, grew by 4.8% a – exceeding US$10 billion for the first time – and Canadian recorded music revenues increased by 8.1%.
Download the free Global Music Report 2023 – State of the Industry report (English language) here
IFPI Global Music Report 2022: Full Report – with Data and Analysis: Purchase the full data and analysis report here
The IFPI Global Single Award is presented to the artist with the world’s best-selling single of the year across all digital formats – including paid subscription streaming, ad-supported platforms, and single-track downloads.
As It Was is Harry Styles’ first IFPI Global Single Award – but marks the tenth anniversary of his other IFPI Award wins with previous band One Direction who topped the first ever IFPI Global Recording Artist Chart and also the IFPI Global Album Chart back in 2013. Harry led a strong performance from UK artists in the latest annual chart. He is joined by fellow British acts Glass Animals, whose sleeper-hit single Heat Waves features at #2; Elton John and Dua Lipa whose collaboration Cold Heart (PNAU Remix) is at #4 and further tracks from Ed Sheeran (Shivers #7, Bad Habits #10), Adele (Easy On Me #13) and Dua Lipa’s Levitating (ft. DaBaby) at #12.
For the first time the Top 20 sees four songs performed predominantly in Spanish feature – global star Bad Bunny appearing twice, at #9 with his collaboration with Chencho Corleone, Me Porto Bonito, and at #11 with his solo hit Tití Me Preguntó. Fellow Puerto Rican artist Farruko made his debut appearing in the IFPI Global Singles Chart with his single Pepas landing at #18, while Colombian star Karol G also debuted with her single PROVENZA at #20.
The latest IFPI Global Singles Chart also shines a light on the reimagination and rediscovery of classic songs on the global stage. Kate Bush’s Running Up That Hill (A Deal With God) charted at #16 following its appearance on Netflix’s breakout show Stranger Things in 2022, while Elton John and Dua Lipa’s reimagined version of a medley of Elton John’s hits, Cold Heart (PNAU Remix) charted at #4.
Frances Moore, Chief Executive of IFPI, said: “Congratulations to Harry Styles, and all of his team, on winning IFPI’s Global Single of the Year Award. Harry first received an IFPI Award as part of One Direction when we first launched the IFPI Global Recording Artist Chart 10 years ago, so it’s an honour to present him with an award this year for his stellar single As It Was which has soundtracked the year for so many music fans around the world.
“It’s wonderful to see such a diverse mixture of songs in the Global Singles Chart this year – some familiar tracks from the previous year that continued to grow in 2022, amongst plenty of new tracks and some reimagined older tracks – all going to show that record companies are working hard to find new ways to ensure music fans around the world have access to such a wide range of music year on year.”
Top 10 Global Singles 2022
Rank | Artist and song title | Global subscription streams equivalent
- Harry Styles- As It Was | 2.28bn
- Glass Animals – Heat Waves | 1.75bn
- The Kid LAROI and Justin Bieber – STAY | 1.74bn
- Elton John and Dua Lipa – Cold Heart (PNAU Remix) | 1.34bn
- The Weeknd – Save Your Tears | 1.32bn
- Imagine Dragons & JID- Enemy | 1.26bn
- Ed Sheeran – Shivers | 1.23bn
- GAYLE – abcdefu | 1.22bn
- Bad Bunny & Chencho Corleone – Me Porto Bonito | 1.21bn
- Ed Sheeran – Bad Habits | 1.20bn
- Bad Bunny – Tití Me Preguntó | 1.14bn
- Dua Lipa – Levitating (feat. DaBaby) | 1.11bn
- Adele – Easy On Me | 1.03bn
- The Weeknd- Blinding Lights | 1.01bn
- Lil Nas X and Jack Harlow – INDUSTRY BABY | 1.01bn
- Kate Bush – Running Up That Hill (A Deal With God) | 1.00bn
- Encanto Cast – We Don’t Talk About Bruno | 0.95bn
- Farruko – Pepas | 0.94bn
- Jack Harlow – First Class | 0.92bn
- Karol G – PROVENZA| 0.92bn
Source: https://www.ifpi.org/
The unique award is calculated according to an artist’s or group’s worldwide performance across digital and physical music formats during the year, from streams to vinyl, and covers their entire body of work.
This year marks the tenth year of the IFPI Global Recording Artist of the Year Award, with Taylor Swift having topped the chart more than any other artist during that time (having won in 2014, 2019 and 2022). In the years between, Taylor Swift has been a regular presence in the IFPI Global Artist Chart – placing second in 2021 behind K-Pop sensation BTS, and charting in the Top 3 in 2015, 2017 and 2020. The release of her newest album Midnights in October 2022 powered her return to the top of the IFPI Global Artist Chart.
Elsewhere in the Global Artist Chart, BTS were at #2 (their third consecutive year in the Top 3 following back-to-back wins in 2020 and 2021) and Drake at #3 with his fifth Top 3 appearance since the chart began.
Frances Moore, Chief Executive, IFPI, said: “It is a great pleasure to award the IFPI Global Recording Artist Award to Taylor Swift for an unprecedented third time in the chart’s ten-year history. Taylor is a truly magnificent international star, who continues to grow and evolve as an artist whilst maintaining an incredibly strong connection with her fans around the world.
“It is exciting to see this year’s Global Recording Artist Chart reflect the increasingly diverse spectrum of music available to music fans today, with superstars from Latin America, Taiwan and South Korea as well as the US, UK and Canada represented. Record companies continue to work diligently in every corner of the globe to find and develop global stars and build their successful careers for the long-term.”
The IFPI Global Recording Artist Chart continues to reflect the breadth of diverse artists finding global success in today’s industry. Puerto Rican superstar Bad Bunny landed at #4, the first ever artist from Latin America to enter the Top 5, and the highest position ever achieved for an artist performing predominantly in Spanish.
At #9, Jay Chou became the first Taiwanese artist to appear in the Chart, thanks to his enduring popularity across China and South-East Asia. It was also an impressive year for South Korean acts, with more artists than any other nationality appearing in the Top 10 for the first time ever; BTS were joined by SEVENTEEN and Stray Kids charting at #6 and #7 respectively. Harry Styles (#8) and Ed Sheeran (#10) represented the UK in the chart, while Canadian mega-star The Weeknd charted at #5.
The IFPI Global Recording Artist of the Year Award and Top 20 chart is the only ranking to accurately measure consumption across all formats (including streaming formats, digital and physical album and singles sales) and all countries. It is weighted based on the relative value of each method of consumption.
Source: https://www.ifpi.org/
From 8th November (Chart Week 44) onwards, enhancements to the RIAS Charts will be introduced, approved by RIAS Board Committee.
Update of Conversion Rate
In line with global best practices, conversion rates have been updated to most accurately reflect economics in the market.
All rates calculation using the 2021 IFPI Global Charts Best Practice; the calculations will determine how many audio and video ad-supported streams amount to one subscription-based stream.
Streams of less than 30 seconds are excluded, in line with other charts contributors, and “user-generated content” videos where a music track is not the primary focus; will be excluded from the charts.
YouTube Inclusion
In line with the IFPI’s YouTube Global Charts Framework, weighted YouTube streams will now included in the charts.
Spotify Capped Stream Feed
As recommended, Spotify streams capped at 10 streams per user per day. It will then bring RIAS’s chart in line with global best practices and done to help prevent ‘play inflation’ on the chart.
“A global framework for the inclusion of eligible YouTube consumption in national charts will benefit artists, who will see consumption of their music on the platform recognised in a meaningful way, and fans, who will see a chart that further reflects the full breadth of their music engagement in their country. It will also improve our understanding of the music market,” said the IFPI’s head of global charts Mr. Lewis Morrison.
For more information, you may contact Mr. Gerald Ow (Gerald.ow@rias.org.sg)