News for the Italian Top of the Music charts by FIMI/GfK. The new methodology applied for the purposes of rankings and certifications starting from the first week of 2024 was presented today.
Launched for the first time in 1995, the Top of the Music charts constitute the only official reference on the Italian market and have always adapted to technological evolutions and changes in consumption: 2024 will mark a big turning point in the streaming area, because after a few years of interruption, ad-supported audio streaming is included in the monitoring and above all the video streaming format is introduced for the first time in Italy.
There will be three rankings drawn up based on market information collected by GfK Italia Srl’s Point of Sales Tracking service:
Top 100 Albums & Compilations (including: albums on physical media (e.g. CDs, vinyls), digital download, premium and ad-supported audio streaming listening),
Top 20 CDs, Vinyls and Cassettes (which replaces the previous Top 20 Vinyls and which includes the albums on physical media with the highest number of sales recorded within the channels represented)
Top 100 Singles (songs with the highest number of downloads and with the highest number of plays in audio and video streaming, premium and ad-supported).
The other great innovation that will be applied starting from 2024 is the methodology used for the inclusion of streaming listeners within the FIMI/GfK Top of The Music charts: this is the Economic Weighting Model, according to which the contribution to streaming chart is commensurate with the economic value generated by the two dominant streaming formats (“ad-supported” or “free”, and subscription streams, “paid” or “premium”), which are assigned a different weight based on their respective economic factors.
The sales thresholds valid for certification purposes remain unchanged, as well as the rules for groupings, bundles and freebies, live events and in-stores.
The 2024 methodological note will be available on the FIMI website starting from week 01/2024 and will replace the current one. To view the archive of previous methodological notes, simply consult the footer menu of the linked section.
WEB & SOCIAL