Revenues for physical formats fell 3.1% to $4.8 billion after a strong 2023. While CD and music video revenues fell, vinyl marked its 18th consecutive year of growth, up 4.6%.

Total recorded music revenues climbed to $29.6 billion in 2024, a rise of 4.8% on the previous year, according to the International Federation of the Phonographic Industry’s (IFPI) Global Music ...

The tally jumped from $1.1 billion in 2022 to nearly $1.4 billion in 2023, and in the RIAA’s latest year-end Latin music report, total revenue was again $ ... a 17% rise over 2022).

Shares in Universal Music rose on Friday after the record label behind Taylor Swift posted subscription revenue growth that was ahead of consensus estimates. In morning trading in Europe ...

Latin music revenues in the United States grew by 6% ... “After nearly a decade rising and rising again, Latin music keeps surging across the U.S. and is only getting started!” ...