The US Latin music market grew 24% in 2022
News

The US Latin music market grew 24% in 2022

The US Latin music market grew 24% in 2022, just 3% below the all-time high from 2005 according to the RIAA, the American recorded music industry association. Total revenues of $1.1 Bn represented an all-time high share of overall US recorded music revenues of 6.9%, up from 5.9% in 2021. Revenues from streaming formats were more than $1 Bn, growing 25% to $1.06 Bn, and making up 97% of Latin music revenues. Paid subscriptions were once […]

US music revenues grew for 7th consecutive year
News

US music revenues grew for 7th consecutive year

US music revenues grew for 7th consecutive year in 2022 up 6% to a record high of $15.9 Bn according to figures released by the RIAA. Streaming continued to be the biggest driver of growth with record levels of paid subscriptions, continued growth in ad-supported format revenues and growing contributions from new platforms and services. Paid subscriptions continue to drive streaming growth Streaming continued to account for a large majority of recorded music revenues in 2022. […]

43% of Black Americans are monthly podcast listeners
Podcasts

43% of Black Americans are monthly podcast listeners

43% of Black Americans are monthly podcast listeners with 75% of listeners actively seeking out content that focuses on Black stories and perspectives. These findings are part of The Black Podcast Listener Report 2.0 from Edison Research in partnership with  SXM Media and Mindshare based on a survey of over 2,500 Black Americans age 18+. Key findings from the report 43% of the Black 18+ population in the US has listened to a podcast in the last month. That percentage is larger than the number […]

Spotify creates an AI DJ
News

Spotify creates an AI DJ

Spotify creates an AI DJ using OpenAI technology to deliver a personalised guide that knows you and your music taste so well that it can choose what to play for you. This feature, first rolling out in beta and only available in the US and Canada, will deliver a curated line-up of music alongside commentary around the tracks and artists Spotify thinks you’ll like in a ‘stunningly realistic voice’. DJ will sort through the latest […]

Podcasts

Top 50 US podcasts for Q4 2022

The Top 50 US podcasts for Q4 2022 chart according to Edison Podcast Metrics has been published by Edison Research. Edison Podcast Metrics is the only podcast measurement service that measures the relative audience size and demographics of all podcast networks in the US. The Edison Podcast Metrics Top 50 Podcasts of Q4 2022 list is derived from data collected continuously Q3 2022 – Q4 2022, from surveying weekly podcast consumers aged 13 and older in the […]

SOURCE: DiMA - New survey highlights why music fans love streaming
News

New survey highlights why music fans love streaming

A new survey highlights why music fans love streaming and concludes that its ability to customize and personalize an unlimited catalogue leads to more engagement and exploration. The Streaming Forward: 2023 Fan Engagement Report published by the Digital Media Association (DiMA) is based on a survey of US music fans (2,000 music streamers and 1,000 non-streamers) and reveals new insight into the power of streaming for the music industry and fans alike. Key findings The […]

Americans listen to music on mobiles in their home
News

Americans listen to music on mobiles in their home

Americans listen to music on mobiles in their home for 35% of their daily audio time according to a recent blog post by Edison Research. Using their Share of Ear survey which utilizes a nationally representative sample of those age 13+ the data obtained gives an insight into what types of audio devices Americans currently are using to consume audio at home. When consuming audio at home, those in the US age 13+ spend over one-third […]