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Facts & Research

ALL MUSIC FACTS
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…
In the first half of 2020, revenues from Latin music in the U.S. grew 18.6% to $296.1 million at retail value, the fourth consecutive year of double digit percentage growth. Latin music continued to grow its share of overall U.S. music revenues to 5.2%.
In the first half of 2020, U.S. recorded music revenues grew 5.6% to $5.7 billion at retail value, continuing the positive growth trends of recent years. Streaming music grew to 85% of the market by value, compared with 80% the prior year. At wholesale value, revenues grew 5.1% to…
The U.S. Latin music business continued to grow at a faster rate than the overall market. In 2019, revenues from Latin music in the U.S. grew 28% to $554 million, compared with 13% for the overall market. Streaming once again was the primary growth…
Continued strong growth to more than 60 million paid subscriptions drove the U.S. music industry to its fourth consecutive year of double digit growth. Total 2019 revenues of $11.1 billion were up 13% versus $9.8 billion the prior year. Streaming made up nearly 80% of total revenues as the music industry has…
In the first half of 2019, the U.S. Latin music business continued to grow at a double digit pace. Latin music revenues grew 13.5% to $232 million at estimated retail value versus the prior year, building on three consecutive years of growth through the end of 2018. Total…
In the first half of 2019, the U.S. recorded music market continued the overall trends and double digit growth rates of 2018. Revenue increases were driven by the number of paid subscriptions exceeding 60 million for the first time. Total revenues grew 18% to $5.4 billion at retail in the…
The U.S. Latin music business experienced its second year of double-digit growth in 2018. The Latin market grew 18% in 2018 to $413 million, driven by a nearly 50% growth in revenues from paid subscriptions. As RIAA COO Michele Ballantyne states in this year’s report (below), “Any conversation about the…
Fueled by tremendous creative output by groundbreaking artists and now more than 50 million paid subscriptions, the U.S. music industry experienced its third year of consecutive growth in 2018 with retail revenues up 12% to $9.8 billion. Streaming now comprises 75% of total industry revenues.  Vinyl continues to be a…