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.”
Spring is a great time for data!
The outsized role music plays in the cultural landscape of the United States is undeniable, from artists known the world over, to fans that bond over their favorite albums, to songs from our teenage years that we can still sing today.
2017 was the year that Latin music filled our playlists and dominated the airwaves like never before.
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...
Halfway through 2017, the dynamic American music business continued to see progress as revenue grew 17% at retail to $4.0 billion.
Revenues from Latin music in the United States grew 3% to $176 million in 2016, the first growth in Latin music since the market’s high point in 2005.
2016 was a year of significant progress for the American music business.
The first half of 2016 signaled positive gains for the U.S. music industry as the growth in streaming revenues more than offset the declines in physical sales (CDs, etc) and digital download sales.