2022 was a landmark year for Latin music in the U.S., with revenues surpassing $1 billion for the first time, according to a new report from the Recording Industry Association of America released Wednesday morning.
Revenue for Latin grew about 24 percent from 2021, significantly outpacing the 6 percent growth the recording industry overall saw last year, according to the RIAA. Latin music now makes up nearly 7 percent of market share for the entire U.S. market, up from 6 percent last year.
Even compared to the U.S. market overall — where streaming income now...
Revenue for Latin grew about 24 percent from 2021, significantly outpacing the 6 percent growth the recording industry overall saw last year, according to the RIAA. Latin music now makes up nearly 7 percent of market share for the entire U.S. market, up from 6 percent last year.
Even compared to the U.S. market overall — where streaming income now...
- 4/12/2023
- by Ethan Millman
- Rollingstone.com
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