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Facts & Research

ALL MUSIC FACTS
The Music Consumer Profile serves as a resource for data about music consumers.
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…
The Latin music market continued its remarkable transformation in the first half of 2018. 
Halfway through 2018, the United States music business “continues its comeback story, powered by great new music, talented artists and a re-invented record industry.”
The Music Consumer Profile serves as a resource for data about music consumers.
Stephen Siwek, an expert on determining the economic impact of intellectual property, prepared a report on the music industry’s contribution to the United States economy. 
2017 was the year that Latin music filled our playlists and dominated the airwaves like never before.  Revenues from Latin music in the United States grew 37% to $243 million. More than any other genre, the growth in streaming is powering Latin music’s resurgence, accounting for 84% of Latin music…
In 2017 revenues from recorded music in the United States increased 16.5% at estimated retail value to $8.7 billion, continuing the growth from the previous year.
Revenues from Latin music in the United States for the first half of 2017 were $115 million, up 44% versus the prior year. Latin music revenues comprised 2.9% of the total U.S. recorded music market, which totaled $4 billion in the first half of 2017. Streaming accounted for 82% of…