The International Federation of the Phonographic Industry (IFPI) is the organisation that represents the interests of the recording industry worldwide. It is a non-profit members' organisation registered in Switzerland and founded in Italy in 1933 by Francesco Braga. It operates a secretariat based in London, with regional offices in Brussels, Hong Kong, Miami, Abu Dhabi, Singapore and Nairobi.
A digital music store is a business that sells digital audio files of music recordings over the Internet. Customers gain ownership of a license to use the files, in contrast to a music streaming service, where they listen to recordings without gaining ownership. Customers pay either for each recording or on a subscription basis. Online music stores generally also offer partial streaming previews of songs, with some songs even available for full length listening. They typically show a picture of the album art or of the performer or band for each song. Some online music stores also sell recorded speech files, such as podcasts, and video files of movies.
K-pop, short for Korean popular music, is a form of popular music originating in South Korea as part of South Korean culture. It includes styles and genres from around the world, such as pop, hip hop, R&B, rock, jazz, gospel, reggae, electronic dance, folk, country, disco, and classical on top of its traditional Korean music roots. The term "K-pop" became popular in the 2000s, especially in the international context. The Korean term for domestic pop music is gayo, which is still widely used within South Korea. While "K-pop" can refer to all popular music or pop music from South Korea, it is colloquially often used in a narrower sense for any Korean music and artists associated with the entertainment and idol industry in the country, regardless of the genre.
Mandopop or Mandapop refers to Mandarin popular music. The genre has its origin in the jazz-influenced popular music of 1930s Shanghai known as Shidaiqu; later influences came from Japanese enka, Hong Kong's Cantopop, Taiwan's Hokkien pop, and in particular the Campus Song folk movement of the 1970s. 'Mandopop' may be used as a general term to describe popular songs performed in Mandarin. Though Mandopop predates Cantopop, the English term was coined around 1980 after "Cantopop" became a popular term for describing popular songs in Cantonese. "Mandopop" was used to describe Mandarin-language popular songs of that time, some of which were versions of Cantopop songs sung by the same singers with different lyrics to suit the different rhyme and tonal patterns of Mandarin.
The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators. Among the many individuals and organizations that operate in the industry are: the songwriters and composers who write songs and musical compositions; the singers, musicians, conductors, and bandleaders who perform the music; the record labels, music publishers, recording studios, music producers, audio engineers, retail and digital music stores, and performance rights organizations who create and sell recorded music and sheet music; and the booking agents, promoters, music venues, road crew, and audio engineers who help organize and sell concerts.
The Korean Wave or Hallyu is a cultural phenomenon in which the global popularity of South Korean popular culture has dramatically risen since the 1990s. Worldwide interest in Korean culture has been led primarily by the spread of K-pop and K-dramas, with keystone successes including BTS and Psy's "Gangnam Style", as well as Jewel in the Palace, Winter Sonata, and Squid Game. The Korean Wave has been recognized as a form of soft power and as an important economic asset for South Korea, generating revenue through both exports and tourism.
Avex Inc. is a Japanese entertainment conglomerate led by founder Max Matsuura and headquartered in Tokyo, Japan. Founded in 1988, the company manages J-pop talents like Ayumi Hamasaki and internet sensation PikoTaro. It has also shifted into other business domains like anime, video games and live music events, partnering with Ultra Music Festival and hosting the annual A-nation. The company is a member of the Mitsubishi UFJ Financial Group (MUFG) keiretsu.
BigBang is a South Korean boy band formed by YG Entertainment. The group consists of three members: G-Dragon, Taeyang, and Daesung. Originally a five-piece band, Seungri retired from the entertainment industry in March 2019 and T.O.P left in May 2023. Dubbed the "Kings of K-pop", they helped spread the Korean Wave internationally and are considered one of the most influential acts in K-pop. They are known for their trendsetting musical experimentation, self-production, and stage presence.
Hokkien pop, also known as Taiwanese Hokkien popular music, T-pop, Tai-pop, Minnan Pop and Taiwanese folk, is a popular music genre sung in Hokkien, especially Taiwanese Hokkien and produced mainly in Taiwan and sometimes in Fujian in Mainland China or Hong Kong or even Singapore in Southeast Asia. Hokkien pop is most popular amongst Hoklo people in Taiwan, Mainland China, Hong Kong, and the Overseas Chinese and Overseas Taiwanese in Southeast Asia, such as Chinese Singaporeans, Chinese Malaysians, Chinese Filipinos, Chinese Indonesians, etc.
In the first decade of the 21st century, the rise of digital media on the internet and computers as a central and primary means to record, distribute, store, and play music caused widespread economic changes in the music industry. The rise of digital media with high-speed internet access fundamentally changed the relationships between artists, record companies, promoters, retail music stores, the technology industry, and consumers. The rise of digital music consumption options contributed to several fundamental changes in consumption. One significant change in the music industry was the remarkable decline of conventional album sales on CD and vinyl. With the à la carte sales models increasing in popularity, consumers no longer downloaded entire albums but rather chose single songs.
G-Music Limited is a company built in 2002 by Rose Records and Tachung Records, both are the largest local music retails and wholesale chains in Taiwan. The physical retail arms have been kept separate, for different customer bases and brand identity, but the e-retailing, wholesale and distributor business is unified as Rose Tachung Records.
The vinyl revival, also known as the vinyl resurgence, is the renewed interest and increased sales of vinyl records, or gramophone records, that has been taking place in the music industry. Beginning in 2007, vinyl records experienced renewed popularity in the West and in East Asia.
Recording Industry Foundation in Taiwan, also known as IFPI Taiwan, formerly IFPI Members Foundation in Taiwan, is the organization that represents the interests of the music industry in Taiwan, and a member of the International Federation of the Phonographic Industry (IFPI).
The album era was a period in English-language popular music during the latter half of the 20th century in which the physical album was the dominant form of recorded music expression and consumption. Usually defined as lasting from the mid-1960s until the mid-2000s, it was driven primarily by three successive music recording formats: the 33⅓ rpm long-playing record (LP), the cassette tape, and the compact disc (CD). Rock musicians from the US and the UK were often at the forefront of the era, which is sometimes called the album-rock era in reference to their sphere of influence and activity. The term "album era" is also used to refer to the marketing and aesthetic period surrounding a recording artist's album release.
Record sales or music sales are activities related to selling music recordings through physical record shops or digital music stores. Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music. Sales continued declining in the 21st century. The collapse of record sales also made artists rely on touring for most of their income. By 2019, record sales accounted for less than half of global recorded music revenue, overtaken by streaming. Following the inclusion of streaming into record charts in the mid-2010s, record sales are also referred to as traditional sales or pure sales.
The music industry of Asia is an industry in which people sell music-related products to earn money. The business structures of the industry include recorded music, live music, radio broadcasting, and digital and online distribution. The Asian music industry consists of music industry of Central Asia, East Asia, North Asia, South Asia, Southeast Asia, and West Asia. The music industry of Asia influences Asian culture and economy. The music industry of Asia also has a worldwide impact.
