Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
IFPI's (International Federation of the Phonographic Industry which represents the recording industry worldwide) Global Music Report 2021 has revealed that the music industry in 2020 saw global revenue growth of 7.4% with an estimated tally of an impressive USD 21.6 billion.
This is the highest figures since 2002. Due credit is to be given to artists like BTS, The Weeknd, Taylor Swift, Billie Eilish and Drake, who have helped boost the music industry revenue, especially amid the COVID-19 pandemic.
It's important to note that there was a decline of 4.7% in physical revenue and 10.1% decline in performance rights revenue.While there was an 18.5% growth in paid streaming revenues, said streaming services contributed 62.1% of the global.
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