Facts & Research

Recorded music revenues reached an all-time first half high of $8.4 billion in 2023, growing 9.3% at estimated retail value. Streaming continued to flourish at $7.0 billion, and accounted for 84% of the first half total, with paid subscriptions still the strongest driver of revenue growth, increasing by more than…

Please scroll down to read the Spanish language version of this report below. / Por favor, desplácese hacia abajo para leer nuestra traducción en Español.   In 2022, Latin music revenues in the U.S. continued to grow at an extraordinary pace. Total revenues of $1.1 billion represented a 24% annual increase,…

Recorded music revenues in the U.S. in 2022 continued to grow for the seventh consecutive year. Total revenues grew 6% to a record high $15.9 billion at estimated retail value. Streaming continued to be the biggest driver of growth with record levels of engagement in paid subscriptions, continued growth…

Please scroll down to read the Spanish language version of this report below. / Por favor, desplácese hacia abajo para leer nuestra traducción en Español.  Heating up Hispanic Heritage Month, the Recording Industry Association of America today published new revenue data for U.S. Latin music, which grew 23% in the…

U.S. recorded music revenues in the first half of 2022 rose 9% to $7.7 billion at estimated retail value, building on the strong growth experienced the prior year. The number of paid subscriptions grew to a record high of 90 million, with revenues up 10% to $5.0 billion and comprising…

In 2021, recorded music revenues in the United States grew 23% to $15.0 billion at estimated retail value. All major formats of music grew versus the prior year with the exception of digital downloads. Paid subscriptions continued to be the biggest growth driver, resulting in the sixth consecutive year…

Please scroll down to read the Spanish language version of this report below. / Por favor, desplácese hacia abajo para leer nuestra traducción en Español.   Revenues for Latin music in the U.S. grew 37% to $407 million in the first half of 2021 (1H 2021), continuing their recovery. Latin…

Recorded music revenues in the U.S. grew 27% in the first half of 2021 versus the prior year, from $5.6 to $7.1 billion at retail value. Paid subscriptions continued to be the strongest contributor to growth, comprising nearly two-thirds of total revenue, averaging more than 80 million paid subscriptions for…

Please scroll down to read the Spanish language version of this report below. / Por favor, desplácese hacia abajo para leer nuestra traducción en Española.   Latin music revenues in the U.S. continued to grow for a fifth consecutive year in 2020. Despite the Covid-19 challenges of cancelled live shows and…

United States recorded music revenues grew 9.2% in 2020 to $12.2 billion at estimated retail value. This is the fifth consecutive year of growth for the industry, as paid subscription services continued to be the primary driver of revenue increases, and reached a record number of subscriptions. Streaming music’s share…