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8.8%

Latin music is 8.8% of total recorded music revenue in the US

212B

US Music Industry Contribution to America's GDP

84%

of music consumption comes from streaming

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Industry Economics

The U.S. Music Industries: Jobs & Benefits 2024| Economists Incorporated

October 30, 2024 1 min read

Music’s impact is most often seen through culture, connection, and the powerful emotions it stirs. But new research from Secretariat Managing Director Robert Stoner and Director Jéssica Dutra describes the significant financial benefits music drives in communities all across America. According to this new report reflecting data provided by independent labels, performing rights

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