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
Global recorded music revenues grow 7.4%
The global recorded music market grew by 7.4% in 2020, the sixth consecutive year of growth, according to IFPI, the organisation that represents the recorded music industry worldwide. Figures released today in IFPI’s Global Music Report show total revenues for 2020 were US$21.6 billion.
Growth was driven by streaming, especially by paid subscription streaming revenues, which increased by 18.5%. There were 443 million users of paid subscription accounts at the end of 2020. Total streaming (including both paid subscription and advertising-supported) grew 19.9% and reached $13.4 billion, or 62.1% of total global recorded music revenues. The growth in streaming revenues more than offset the decline in other formats’ revenues, including physical revenues which declined 4.7%; and revenues from performance rights which declined 10.1% – largely as a result of the COVID-19 pandemic.
The work and investment of record companies has helped lay the foundations for a predominantly digital industry that proved its resilience against the extraordinary circumstances of 2020. In a challenging year, record companies have worked alongside their artist partners to support them in creating and recording music and the whole sector has continued to drive innovations in the ways fans can experience music around the world.
IFPI Chief Executive Frances Moore, said: “As the world contends with the COVID-19 pandemic, we are reminded of the enduring power of music to console, heal and lift our spirits.
“Some things are timeless, like the power of a great song or the connection between artists and fans. But some things have changed. With so much of the world in lockdown and live music shut down, in nearly every corner of the globe most fans enjoyed music via streaming.
“Fuelled by record companies’ ongoing investment in artists and their careers, along with innovative efforts to help artists bring music to fans in new ways, recorded music revenues grew globally for the sixth consecutive year, driven by subscription streaming. As record companies continue to expand their geographical footprint and cultural reach, music has become more globally connected today, than ever before and this growth has spread across all regions around the globe.
“With many impacted by the pandemic, and concerned with growing social injustices, record companies have worked hard to make a meaningful, lasting contribution to the world we want to live in.”
Growth in all the world’s regions
Recorded music revenues grew in every region around the world in 2020, including:
- Latin America maintained its position as the fastest-growing region globally (15.9%) as streaming revenues grew by 30.2% and accounted for 84.1% of the region’s total revenues.
- Asia grew 9.5% and digital revenues surpassed a 50% share of the region’s total revenues, for the first time. Excluding Japan (which saw a decline of 2.1% in revenue), Asia would have been the fastest-growing region, with exceptional growth of 29.9%
- Featured as a region in the report for the first time, recorded music revenues in the Africa & Middle East region increased by 8.4%, driven primarily by the Middle East & North Africa region (37.8%). Streaming dominated, with revenues up 36.4%.
- Revenues in Europe, the second-largest recorded music region in the world, grew by 3.5% as strong streaming growth of 20.7% offset declines in all other consumption formats.
- The US & Canada region grew 7.4% in 2020. The US market grew by 7.3% and Canadian recorded music revenues grew by 8.1%.
Visit the IFPI Global Music Report 2021 Microsite here for additional information and to download the free State of the Industry Report (English language).
Global Music Report 2021: Full Report – with Data and Analysis: Purchase the full data and analysis report here.
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