A new report reveals Taylor Swift's dominance in the music industry, topping both streaming charts and Luminate's inaugural ranking of the most influential artists. The report highlights the success of music documentaries, with Netflix's 'We Are the World' leading the way, and Swift's resurgence thanks to her latest album and Eras Tour.
The fact that music docs mean business is evident from some insights in the report. “Concert films and music documentaries once again demonstrated their value to both streaming platforms, with, Prime Video, and Disney+ leading the charge to satiate consumer demand for the format, and music rights holders, who benefit from associated streaming surges and royalties,” the report highlighted.
Speaking of Swift, she topped the 2024 global rankings as the most streamed songwriter and influential artist.,” the firm highlighted. “Now, for the first time, Luminate can also reveal that Swift was the most-streamed songwriter worldwide in 2024. An analysis of the top 1000 globally streamed songs placed Swift at the number 1 spot, surpassing industry icons like Max Martin, who has written for Katy Perry, Britney Spears, Ariana Grande, and many more stars, and The Weeknd.
Songwriters from the U.S., U.K., and Canada accounted for the most streams of the top 1,000 songs on 2024, the report shows, but also highlights “the growing influence ofsongwriters from Sweden and France who claim the fourth and fifth spots, respectively. Australia, Norway, Germany, Colombia, and South Korea completed the top 10, reflecting the diversity of the modern hit-making landscape.
TAYLOR SWIFT MUSIC DOCUMENTARIES STREAMING INFLUENTIAL ARTISTS SONGWRITERS
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