RIAA Archives

US Latin music market grows 15% in first half of 2018

24/10/2018

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 […]

US music sales up on continued streaming growth

05/10/2018

Latest figures from the US recorded music industry association, the RIAA, show continued growth in the first half of 2018 with retail sales up 10% to $4.6 billion. Streaming continued to be the engine for growth increasing 28% year on year to $3.4 billion and representing 75% of all revenues. Physical sales and downloads continued to decline with CD unit sales dropping a whopping 46.9% from 35 million to 18.6 million units. Vinyl sales continued […]

Eagles soar to the top of All Time Album Charts

15/09/2018

The Eagles have soared to the top of the All Time Album Charts with the No. 1 and No. 3 top certified albums of all time according the RIAA, the US recorded music industry association. Their Greatest Hits 1971-1975 is the best selling album of all time going 38 times Platinum with 38 million sales. Hotel California reached the No. 3 slot going Platinum 26 times with sales and streams of more than 26 million […]

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US music revenues continue to grow in 2017

24/03/2018

Revenues from recorded music in the United States increased 16.5% to $8.7 bn in 2017 continuing the growth from the previous year according to the yearly report from the RIAA (Recording Industry Association of America), the trade association that supports and promotes the major music companies. As in 2016 these increases came primarily from growth in paid music subscriptions to services like Spotify, Amazon, Tidal, AppleMusic, Pandora and others, which grew by more than 50%. […]

Over half UK music is now streamed

04/03/2018

BPI, the trade body representing the UK’s recorded music industry, has published data for 2017 that reveal a strong year for British recorded music with UK consumption across all formats growing at its fastest rate this millennium. A total of 135.1 million albums or their equivalent were either streamed, purchased on physical format and/or downloaded in 2017 – a 9.5% rise on 2016. The year’s strong growth was driven by 68.1 billion audio streams served through […]