Now That's What I Call Music! 54 is the 54th edition of the Now! series in the United States. It was released on May 4, 2015. It features 21 tracks including the Billboard Hot 100 number-one hit, "Blank Space" by Taylor Swift.

Now 54 debuted at number three on the Billboard 200 albums chart with 71,000 albums sold in its first week of release. The album has sold 175,000 copies in the US as of June 2015.