The International Federation of the Phonographic Industry (IFPI) released its annual Global Music Report today. The report is an analysis of the recorded music business globally and Beyonce was on top in 2016.
Overall, the music business globally grew by 5.9% last year over 2015. That’s the largest revenue growth seen in the business since 1997, when the organization started reporting.
According to the report, although Drake was the highest selling artist globally in 2016, it was Beyonce’s “Lemonade” visual album that was the highest selling album that year.
According to Billboard.com:
IFPI’s February announcement included the list of the top 10 global artists of the year, with David Bowie, Coldplay, Adele and Justin Bieber rounding out the top five in order. Twenty One Pilots, Beyoncé, Rihanna, Prince and The Weeknd, respectively, made up the rest of the top 10.
The top selling albums – digital and physical sales – also included Adele’s 25, Drake’s Views, and Bruno Mars’ 24k Magic. Some of the highest selling digital songs included Drake’s “One Dance” and “Work,” Justin Bieber’s “Love Yourself” and “Sorry” and The Chainsmokers “Closer” and “Don’t Let Me Down.”
The IFPI report lists the top selling music albums globally by breaking down sales numbers (digital downloads and physical sales) and tracks songs by counting track downloads and track-equivalent streams.