Reports Archive - RIAA

2024 Mid-Year Music Industry Revenue Report | RIAA

Rose Connelly — Thu, 29 Aug 2024 12:46:42 +0000

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 listen to music in more ways than ever, and this report captures revenue from the highest number of sources in our history. While paid subscriptions contributed nearly two-thirds of the added value in this period, vinyl shipments accelerated faster than any other major music format at 17%. At wholesale value, total revenues grew by 3% to a record high of $5.5 billion.

Read the full report here.

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Year-End 2023 RIAA U.S. Latin Music Revenue Report / Informe de Fin del Año 2023 de RIAA Sobre Ingresos de Música Latina en Estados Unidos

Rose Connelly — Tue, 23 Apr 2024 11:58:00 +0000

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 market revenues in 2023 are now 14% above the previous peak in 2005.

LINK TO FULL ENGLISH REPORT HERE.

INFORME DE FIN DE AÑO 2023 DE RIAA SOBRE INGRESOS DE MÚSICA LATINA EN ESTADOS UNIDOS

La música latina en los EE. UU. creció en cuanto a su popularidad y valor durante los últimos ocho años, superando a la música grabada en general cada año durante este período de fuerte crecimiento. En 2023, el género alcanzó su marca más alta con $1400 millones, que representa un crecimiento del 16 % con respecto a 2022. Ajustados por la inflación, los ingresos del mercado de la música latina en 2023 ahora están un 14 % por encima del pico previo en 2005.

ENLACE AL INFORME COMPLETO EN ESPAÑOL AQUÍ.

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2023 Year-End Music Industry Revenue Report | RIAA

Rose Connelly — Tue, 26 Mar 2024 12:45:00 +0000

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 ad-supported revenues, and growing contributions from new platforms and services. At wholesale value revenues grew 7% to a record high of $11 billion.

DOWNLOAD THE FULL REPORT HERE.

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RIAA Mid-Year 2023 Latin Music Revenue Report / Informe Semestral De Ingresos De La Música Latina En EE. UU. Según RIAA 2023

Wed, 27 Sep 2023 16:25:41 +0000

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 celebration, the Recording Industry Association of America® (RIAA) today released updated genre-specific data. U.S. Latin music revenues increased 15% to a record high of $627 million after notching a pinnacle in 2022 – with streaming once again driving growth and amplifying a record average of 96 million paid subscriptions in 1H 2023 across all genres.

READ THE FULL REPORT IN ENGLISH HERE

La semana pasada se marcó el ritmo con un informe general de ingresos de la música a mitad de año en los EE. UU. y hoy, para celebrar a las leyendas y líderes de la música latina en la celebración anual RIAA Honors, la Recording Industry Association of America® (RIAA) publica los datos actualizados y específicos del género. Los ingresos de la música latina en los EE. UU. aumentaron un 15 % y alcanzaron un récord de $627 millones después de haber llegado a su punto máximo en 2022. Una vez más, el servicio de streaming impulsó el crecimiento y amplificó un récord de 96 millones de suscripciones pagas en la primera mitad de 2023 en todos los géneros.

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RIAA Mid-Year 2023 Revenue Report

Rose Connelly — Mon, 18 Sep 2023 13:10:56 +0000

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 $550 million and averaging 96 million subscriptions during the period. Physical music formats reached the highest level since 1H 2013 with vinyl albums outselling CDs in units for the third consecutive year.

Read the full report here.

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2022 U.S. Consumer Music Profile | MusicWatch Inc.

Rose Connelly — Tue, 02 May 2023 16:25:19 +0000

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.

DOWNLOAD THE FULL REPORT HERE (PDF)

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Year-End 2022 RIAA U.S. Latin Music Revenue Report / Informe de Fin del Año 2022 de RIAA Sobre Ingresos de Música Latina en Estados Unidos

Rose Connelly — Wed, 12 Apr 2023 13:00:08 +0000

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, and adjusted for inflation, were just 3% below the all-time high from 2005. The share of overall U.S. recorded music revenues from Latin music reached an all-time high of 6.9%, up from 5.9% in 2021.

LINK TO FULL ENGLISH REPORT HERE.

INFORME DE FIN DE AÑO 2022 DE RIAA SOBRE INGRESOS DE MÚSICA LATINA EN ESTADOS UNIDOS

En 2022, los ingresos de la música latina en Estados Unidos siguieron aumentando a un ritmo extraordinario. Los ingresos totales de $1.1 mil millones representaron un incremento anual de 24% y, con ajustes por inflación, fueron apenas 3% menores que el récord de 2005. El porcentaje de música latina con relación a ingresos de música grabada en general en Estados Unidos alcanzaron un récord de 6.9% en comparación con 5.9% in 2021.

ENLACE AL INFORME COMPLETO EN ESPAÑOL AQUÍ.

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2022 Year-End Music Industry Revenue Report | RIAA

Thu, 09 Mar 2023 13:37:58 +0000

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 in ad-supported format revenues, and growing contributions from new platforms and services. Streaming grew 7% to $13.3 billion, and comprised 84% of revenues in 2022. The number of paid subscriptions to on-demand music services grew 10% to reach a new high, averaging 92.0 million in 2022, versus 84.0 million the prior year. At wholesale value revenues grew 5% and exceeded $10 billion for the first time ever.

DOWNLOAD THE FULL REPORT HERE.

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Mid-Year 2022 US Latin Music Revenues / Datos De RIAA Sobre Ingresos En El Primer Semestre De 2022

Rose Connelly — Thu, 06 Oct 2022 16:49:50 +0000

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 first half of 2022, outpacing overall U.S. tallies and increasing to a record high 6.6% of total revenues.

READ THE FULL REPORT IN ENGLISH HERE

Calentando el mes de la Herencia Hispana, la Recording Industry Association of America hoy publico la información nueva de ingresos de la música Latina en los Estados Unidos, la cual creció 23%, a mitad del año 2022, superando totalmente todas las listas de Estados Unidos incrementando más de 6.6% de total de ingresos.

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2022 Mid-Year Music Industry Revenue Report | RIAA

Rose Connelly — Wed, 21 Sep 2022 15:55:13 +0000

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 almost two-thirds of the first half total. At wholesale value, revenues grew 8% to $4.9 billion.

Full report can be found here.

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