The IFPI (International Federation of the Phonographic Industry) have today revealed the results of their analysis of sales for 2014, and Pink Floyd have made the number seven spot.

The chart aims to accurately capture the popularity of artists across streaming channels, alongside digital and physical album and singles sales.

Taylor Swift was named as the Global Recording Artist of 2014, receiving the annual award honouring the most popular recording artist across music downloads, streaming and physical format sales worldwide. Swift was followed by One Direction and Ed Sheeran.

The top 10 global recording artists 2014 were:

1. Taylor Swift
2. One Direction
3. Ed Sheeran
4. Coldplay
5. AC/DC
6. Michael Jackson
7. Pink Floyd
8. Sam Smith
9. Katy Perry
10. Beyoncé

The independently verified chart includes sales of albums – across digital, CD and vinyl formats; singles, both downloaded and physical; on-demand audio streams and music videos. The chart includes all the music of each artist featured, not just one track or album. It uses track and album equivalents to combine measurements of downloads, physical sales and streams.