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Continuing to outpace the already strong growth in overall recorded music markets, Latin music revenue in the US grew 7% to a record high $685 million.

2024 Mid-Year Music Industry Revenue Report

August 29, 2024 | Press Statements

Recorded music revenues grew by 4% to $8.7 billion in estimated retail value and streaming subscriptions were up 3% to 99 million over the first half of 2024 – both record highs as streaming continues to post strong growth entering its third decade in the US.

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As we hit the mid-year mark, only 1 album and 8 singles released in 2024 have earned coveted RIAA Gold & Platinum certified status, plus check out the Top Premios de Oro y Platino album & singles!

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“The 2024 Special 301 Report provides a vital snapshot of the environment for music creators globally as well as a critical blueprint for US engagement with countries around the world to support them,” commented RIAA Chairman & CEO Mitch Glazier. 

Latin music in the U.S. has increased in popularity and value over the last eight years, outpacing overall recorded music each year across this period of strong growth.

This past weekend, prior to taking the stage at a jam-packed Bridgestone Arena, 2x GRAMMY Award winner and multi-platinum selling artist Lauren Daigle was presented with plaques honoring recent RIAA Certifications.