The South Korean boy band BTS has taken the West by a storm in last few years. Just in few years BTS rose to worldwide prominence and now they are making major moves by breaking established records in the music industry outside Asia.

As per IFPI (International Federation of the Phonographic Industry), the organization that represents the recorded music industry worldwide: The global recorded music market grew by 18.5% in 2021 because of increased growth in paid subscription streaming since the past few years.

The numerical data released Tuesday in IFPI’s Global Music Report show total revenues for 2021 reached $25.9 billion.

The top 10 global artists, based on “consumption across all formats and all countries, weighted based on the value of each method of consumption,” are as follows.

Advertising
Advertising
  1. BTS
  2. Taylor Swift
  3. Adele
  4. Drake
  5. Ed Sheeran
  6. The Weeknd
  7. Billie Eilish
  8. Justin Bieber
  9. Seventeen
  10. Olivia Rodrigo

The top 10 global digital singles were:

  1. The Weeknd “Save Your Tears” (2.15 billion streams)
  2. The Kid Lario, Justin Bieber “Stay” (2.07 bn)
  3. Dua Lipa “Levitating (1.88 bn)
  4. BTS “Butter” (1.76 bn)
  5. Olivia Rodrigo “Drivers License” (1.73 bn)
  6. Justin Bieber (ft. Daniel Caesar and Giveon) “Peaches” (1.72 bn)
  7. The Weeknd “Blinding Lights” (1.61 bn)
  8. Olivia Rodrigo “Good 4 U” (1.61. bn)
  9. Lil Nas X “Montero” (1.6 bn)
  10. Ed Sheeran “Bad Habits” (1.57 bn)

The free version of the report does not show figures to the individual rankings; regardless of that, getting a spot on the worldwide chart is a significant deal and even more impressive when coming from the Asian continent. This probably marks as first for the music coming from the Asian continent to dominate charts which are occupied mainly by American and European nations.

In the wake of their recent success, BTS have landed themselves as performers at Grammy Awards ceremony for Sunday, April 3, 2022.

See the full report below.

What’s your take on this story? Let us know in the comments below!

Bhupen Dange

Bhupen is a freelance writer for Ringside News and Thirsty For News; he is pursuing further studies in Computer Science. Since high school, he has actively participated in athletic activities, and when he is not playing video games, he spends his time in the gym training, watching movies, and walking his dog outside.

Disqus Comments Loading...