MUSIC

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Music, Synchronization:

In 2019, income generated from music recorded in the US totaled US$11 billion, representing a 13% increase compared to 2018.

The Latin genre in 2019 also grew 28% between 2018-2019, reaching total sales of US$554 million (13% higher than other global music genres in the US during this timeframe). Latin America nmusic represented 5% of the marketshare in 2019, an increase from 4.2% in 2018.

Additionally, among US music consumers, it is important to highlight that listeners that identify has Hispanic represents 17% of all music buyers and 20% of purchasers of subscriptions topaid on-demand music streaming services.