Streaming now accounts for 95% of US Latin music market with revenue growing 17% in the first half of 2019, according to the RIAA, the US recording industry association. Latin music revenues in the US grew 13.5% to $232 million versus the prior year, building on three consecutive years of growth at the end of 2018. Total streaming revenues grew 17% to $220 million, accounting for 95% of the Latin music market. In the first […]
US music revenues grew 18% in first half of 2019 driven by a 30% rise in streaming subscriptions, according to the RIAA, the US recording industry association. Paid subscriptions exceeded 60 million for the first time with total revenues growing 18% to $5.4 Bn. Streaming now accounts for 80% of music industry revenues. Streaming Revenues from streaming music grew 26% to $4.3 billion for the first half of 2019 with paid subscriptions continuing to be […]
Stream ripping piracy continues to grow with the number of consumers acquiring unlicensed music in the US this way growing from 15 million in 2017 to 17 million in 2018. The figures come from a blog posting announcing the publishing of MusicWatch’s Annual Music Study. The use of legacy forms of piracy such as unlicensed download sites and Peer to Peer (P2P) file sharing applications have largely become a thing of the past but the […]
Over 1000 HiRes albums are released each month in US according to new data compiled by the RIAA, the US recording industry association. More than 33,500 albums representing nearly 400,000 tracks are currently available in ‘Studio Quality’ formats to stream or download in the US. These figures represent a 29% increase over a year ago, as major labels are now releasing some 1,000 albums per month in Studio Quality formats. The RIAA defines Studio Quality […]
Streaming makes up 93% of US Latin music revenues in 2018 according to the RIAA, the US recording industry association. Latin music’s transformation from a physical-based business to a streaming-driven one is even faster than the overall US music market’s turnaround. Revenues from streaming now comprise 93% of the total Latin market, with a paid subscription service increase of 50% fuelling most of the growth. The US Latin music business grew 18% in 2018 to […]
US recorded music revenues hit $9.8 Bn in 2018 up 12% on the previous year according to the RIAA, the US recorded music industry association. For the third year in a row growth was driven primarily by increased revenues from paid subscription services from Spotify, Apple Music, Tidal, Amazon and others, achieving more than 50 million subscriptions in the US. Revenue growth from streaming formats continued to be offset by decreases from both digital downloads […]
The Latin music market continued its remarkable transformation in the first half of 2018 with revenues growing 15% to $135 million driven by paid streaming formats, according to a recent report from the RIAA, the US recording industry association. Streaming represented a remarkable 91% of the entire market. Latin music has become a worldwide phenomenon, driven by a diverse streaming market and Latin labels making smart investments to support their artists’ global ambitions. Similar to […]
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