RIAA Archives

SOURCE: RIAA - US Latn Music Revenues (Retail)

Latin music in US grows at twice the rate of overall market

02/05/2020

Latin music in US grows at twice the rate of overall market in 2019 according to figures released by the RIAA, the US recording industry association. Revenues from Latin music in the US grew 28% to $554 million, compared with 13% for the overall market. Streaming was the primary growth driver, up 32% and comprising 95% of total Latin music revenues. Paid subscriptions accounted for more than two thirds of the streaming revenue increase. Latin […]

Streaming now accounts for 80% of music revenue in US

27/02/2020

Streaming now accounts for 80% of music revenue in US growing 19.9% to $8.8 Bn in 2019 according to the RIAA’s 2019 year end report. Revenues from recorded music in the US grew 13% in 2019 from $9.8 billion to $11.1 billion representing the fourth year in a row of double digit growth. Growth was fuelled by paid subscription services which reached more than 60 million. Paid subscriptions to on-demand streaming services contributed by far […]

US record industry charted

01/01/2020

The US record industry over the past decade (2010-2019) is charted by the RIAA in a series of infographics published on their Twitter feed. US Decade’s Top Ten awarded albums According the RIAA only Adele has a diamond album this decade and she has not 1 but 2 of them. Taylor Swift and Drake each have 3 of the top ten albums of the decade. Vinyl albums make a comeback Once considered a passed over […]

SOURCE: RIAA - US Latin Music streaming revenues

Streaming now accounts for 95% of US Latin music market

25/09/2019

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

19/09/2019

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

05/06/2019

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

07/05/2019

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 […]