Latin Music Revenue Surpasses $1 Billion for Second Consecutive Year ...Middle East

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Latin Music Revenue Surpasses $1 Billion for Second Consecutive Year
Latin music revenues in the United States continue to hit an all-time high, exceeding the $1 billion mark for a second year in a row on the wings of 16% growth that outpaced the overall market. According to the RIAA’s year-end Latin music report for 2023, total revenue jumped from $1.1 billion in 2022 to $1.4 billion in 2023, with the genre’s overall share of the total music market lifting from 7.3% in 2021 to 7.9%. In 2021, the revenue totaled to $881 million with an overall share of 5.9%. “Latin music has exploded in the U.S. over the last decade as a new generation of stars boosts the genre and streaming puts

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