Streaming powered recorded music revenue to $17.1 billion in 2023, the highest topline number the Recording Industry Association of America has registered in its annual report and a surge of 8 percent ...

Now hear this: Sales of recorded music in the U.S. grew for the eighth consecutive year in 2023, with streams accounting for a dominant 84% and vinyl up by double digits again, the RIAA said in its ...

Helped by a dominating year from Taylor Swift, U.S. album consumption grew 12.6% to 1.1 billion units. By Glenn Peoples Taylor Swift dominated the U.S. market in 2023 by accounting for nearly 1.8% of ...

Amid big gains for country and Latin, R&B/hip-hop's dominance appears to be waning, according to Billboard's year-end music genre rankings. By Dan Rys By almost every metric, the music business in ...

Hybe has posted its fourth-quarter and full-year financials for 2023, when revenue spiked by about 22.6% from 2022 to $1.63 billion (₩2.18 trillion) amid strong sales from Seventeen, NewJeans, BTS ...

“[G]lobal music revenues in 2023 were 38% higher than the $33.2 billion in worldwide box office receipts from the same year.” On November 25, economist Will Page, formerly Chief Economist of streaming ...

Taylor Swift made up 1.7% of the entire U.S. recorded-music market in 2023, according to the year-end report from Luminate, the industry data partner formerly known as SoundScan. The news does not ...