Taylor Swift was about to be surpassed by two Kpop boy groups, and The Weekend lost miserably

The 2023 global artist rankings have just been announced by the International Federation of the Phonographic Industry. In addition to Taylor Swift, this list also records the appearance of a series of Kpop groups.

Recently, the International Federation of the Phonographic Industry (IFPI) announced the 2023 global artist rankings, attracting great attention from music fans. This is IFPI's annual ranking, calculated by adding up all worldwide physical album sales, digital downloads and music/video streams of nominated songs.

Thereby reflecting the influence and success of the artists in the past year. The 2023 chart attracts attention when witnessing a series of Kpop groups reaching the Top 10, alongside famous superstars such as Taylor Swift, The Weeknd, Drake,...

"Closing" a year of explosive activity by winning the Album of the Year category for the 4th time at the 66th Grammy, it is not difficult to understand when the "country music princess" became the top artist on the global chart. 2023 by IFPI. Sales from Midnights and 1989 (Taylor's Version) brought the female singer countless sales records in the 17th year of her career.

Most surprisingly, ranked 2nd on this list is a representative from Kpop - the million-selling boy group SEVENTEEN. This is the third consecutive year that the boys have reached the Top 10 of IFPI and also increased their rankings with each milestone.

Last year, SEVENTEEN released 2 mini albums, both of which created a sales fever. "FML" is the first album by a Korean artist to reach 6.2 million sales.

In August 2023, the group's total album sales for the year reached 10 million copies, which surprised people. Taking advantage of the victory, the 13 boys returned with "Seventeenth Heaven", setting a record of 5 million copies sold in the first week.

Close to SEVENTEEN is JYP's 4th generation boy group - Stray Kids. The mini album "5-Stars" broke Kpop's pre-order record, reaching 5 million copies sold. With great success in the international market, the 8 boys ranked 3rd in IFPI's global rankings, ahead of both Drake and The Weeknd.

Recently, Stray Kids is also the rare Korean group to win awards at BBMAs 2023 and People's Choice Awards 2024. The group is expected to continue writing success for Kpop in the international market.

Besides, Kpop fans were also extremely surprised by the appearance of the more than 1 year old girl group NewJeans. Even though they only debuted in July 2022, the 5 ADOR girls have quickly achieved extremely impressive musical achievements. Not only "breaking" digital music, "BTS sister" also ranked top in revenue in 2023, becoming the first 4th generation girl group to enter IFPI's Top 10 at position #8.

In addition, the "brother" of the same group - TXT also excelled in leading NewJeans at #7. Accordingly, HYBE has up to 3 music groups selected by IFPI in the Top 10 Global Artists 2023. Expanding to IFPI's top 20, there are 2 other Kpop representatives: IVE - #12 and NCT Dream - #15.

Returning to Taylor Swift, according to Ms. Sally Capp - Mayor of Melbourne, with 7 shows across Australia's two largest cities from February 16-26, the female singer will bring huge economic profits.

Because, in just three music nights in Melbourne alone, the tour created an economic value of 1.2 billion AUD (about 790 million USD) for the economy, Straits Times quoted the Mayor's opinion.

Kerrie Mather, CEO of venue sponsor Venues NSW, also said the four sold-out concerts at Sydney's Accor Stadium will be "the biggest series of events we've ever had." " since the city hosted the Olympic Games in 2000.

According to Bloomberg Economics, Taylor Swift's Eras Tours show in Australia witnessed a boom in spending on tickets, travel and hotels. However, on the contrary, experts say that people have to "pay the price" for this spending.

"Society still has many people in debt, under great pressure from high interest rates, the savings rate in Australia is at its lowest level in 16 years. Spending related to concerts could overwhelm the sector different, especially watching music like this is extremely expensive," economic expert James McIntyre analyzed.

Taylor Swift "single-handedly" defeated a series of Kpop stars, surprising Jung Kook Snow15:52:52 12/01/2024Taylor Swift continues to assert her world class when competing alone against Kpop. In the 10 best-selling albums in the US in 2023, the country music princess has 3 albums, the remaining 7 are by Korean stars.