BTS named World Recording Artist of the Yr by IFPI for second straight yr

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BTS have been topped winners of 2021’s IFPI World Recording Artist of the Yr Award.

The information marks a “landmark second” for the recording business, says IFPI, because the South Korean group are the primary act to win the award for 2 consecutive years.

The award is calculated in keeping with an artist’s or group’s worldwide efficiency throughout digital and bodily music codecs throughout the yr, from streams to vinyl, and covers their complete physique of labor.

BTS first entered the IFPI World Artist Chart in 2018, coming into at No.2.

The 2020 chart noticed the worldwide superstars turn out to be the primary Korean act to win the accolade, in addition to the primary winner to carry out primarily in a language aside from English.

Within the newest chart, BTS have been joined by fellow Okay-pop stars SEVENTEEN, who made their first chart look at No.9.

 

This, says IFPI, demonstrates the rising reputation of Okay-Pop with music followers throughout the globe.

In response to IFPI’s 2021 State of the Business report, a record-breaking yr for Okay-Pop in 2020 drove South Korea to 44.8% progress, making it the fastest-growing main market in 2020.

With that in thoughts, BTS’s newest award ought to come as no shock to those that’ve been following the band’s business strikes in 2021.

Butter, which was launched in Could 2021, charted at No.1 within the US Billboard Scorching 100 Chart for seven consecutive weeks, whereas in July, the one Permission to Dance additionally debuted at No.1 on the Scorching 100, changing themselves on the prime spot.

In September, Coldplay and BTS launched My Universe, which additionally charted at No.1 within the US.

In Asia, BTS launched their Japanese language best hits album BTS, THE BEST, which topped the Oricon Yr Finish Album Chart – the primary time a non-domestic act has performed so in 37 years, says IFPI.

HYBE, the corporate behind BTS, additionally had a vastly profitable 2021.

In February 2022, the South Korea-headquartered agency, which started life as Huge Hit Leisure– and stays the house of BTS – posted file annual revenues for 2021.

These revenues hit 1.257 trillion South Korea Received (KRW), in keeping with investor filings, up by 58% year-on-year. That determine converts to USD $1.098 billion at annual common alternate charges.



BTS have been joined within the prime three of the IFPI World Artist Chart by two-time winner Taylor Swift, who completed at No.2 for the second consecutive yr. She beforehand topped the 2019 chart.

Swift was the best charting solo artist, adopted by Adele, who secured third place, re-entering the chart for the primary time since successful in 2015.

Drake (2016 and 2018’s winner) and Ed Sheeran (2017’s winner) adopted at No.4 and No.5 respectively, whereas Olivia Rodrigo made her first impression on the chart after coming into at No.10.

Frances Moore IFPI

“BTS’ phenomenal success over the past yr is a testomony to their creativity, exhausting work and ongoing dedication.”

Frances Moore, IFPI

Frances Moore, Chief Govt, IFPI, stated: “BTS’ phenomenal success over the past yr is a testomony to their creativity, exhausting work and ongoing dedication to persevering with to search out methods to carry their music to the world.

“By performing in three totally different languages, they display their terribly distinctive international attraction and their dynamic and passionate fanbase has helped to make them the primary artists in historical past to prime the World Artist Chart in two consecutive years.

“We wish to want RM, Jin, SUGA, j-hope, Jimin, V and Jung Kook and all who work on their group large congratulations on successful the World Recording Artist of the Yr Award and on one other yr of sensible success.”Music Enterprise Worldwide

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