Facts & Research
ALL MUSIC FACTS
2024 Mid-Year Music Industry Revenue Report | RIAA
2024 | Sales & Revenue
Recorded music revenues grew by 4% to $8.7 billion in estimated retail value and streaming subscriptions were up 3% to 99 million over the first half of 2024 – both record highs as streaming continues to post strong growth entering its third decade in the US. Fans today discover and…
Latin music in the U.S. has increased in popularity and value over the last eight years, outpacing overall recorded music each year across this period of strong growth. In 2023, the genre hit its highest mark yet at $1.4 billion, representing 16% growth over 2022. Adjusted for inflation, Latin music…
2023 Year-End Music Industry Revenue Report | RIAA
2024 | Sales & Revenue
Recorded music revenues in the U.S. in 2023 continued strong growth for the eighth consecutive year. Total revenues grew 8% to a record high $17.1 billion at estimated retail value. Streaming continued to be the biggest driver of growth with record levels of engagement in paid subscriptions, continued growth in…
Please scroll down to read the Spanish language version of this report below. / Por favor, desplácese hacia abajo para leer nuestra traducción en Español. Setting the rhythm last week with an overall U.S. music mid-year revenue report and celebrating Latin music legends and leaders at the annual RIAA Honors…
RIAA Mid-Year 2023 Revenue Report
2023 | Sales & Revenue
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…
2022 U.S. Consumer Music Profile | MusicWatch Inc.
2023 | Consumer Trends
The Music Consumer Profile serves as a resource for data about music consumers. These profiles provide data on a wide variety of music fans, including their ages, backgrounds, preferred listening methods and favorite music genres. Source: MusicWatch Inc.
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,…
2022 Year-End Music Industry Revenue Report | RIAA
2023 | Sales & Revenue
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…
2022 Mid-Year Music Industry Revenue Report | RIAA
September 2022 | Sales & Revenue
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…