Current:Home > FinanceMusic streams hit 4 trillion in 2023. Country and global acts — and Taylor Swift — fueled the growth -WealthPro Academy
Music streams hit 4 trillion in 2023. Country and global acts — and Taylor Swift — fueled the growth
Rekubit Exchange View
Date:2025-04-11 09:05:09
LOS ANGELES (AP) — Listened to more music last year? You’re not alone.
The global music industry surpassed 4 trillion streams in 2023, a new single-year record, Luminate’s 2023 Year-End Report found.
Global streams were also up 34% from last year, reflective of an increasingly international music marketplace.
Stateside, three genres saw the biggest growth in 2023: country (23.7%), Latin (which encompasses all Latin musical genres, up 24.1%) and world (a catchall that includes J-pop, K-pop and Afrobeats, up 26.2%.)
It seems that more Americans are listening to non-English music. By the end of 2023, Luminate found that Spanish-language music’s share of the top 10,000 songs streamed in the U.S. grew 3.8%, and English-language music’s share dropped 3.8%.
Under the Latin umbrella, regional Mexican music saw massive growth. The genre term — which encompasses mariachi, banda, corridos, norteño, sierreño and other styles — grew 60% in U.S. on-demand audio streams, accounting for 21.9 billion. Four of the six Latin artists to break 1 billion audio streams in the U.S. were Mexican acts: Peso Pluma, Eslabon Armado, Junior H, and Fuerza Regida, who also placed in the top 125 artists streamed.
Armado and Peso Pluma’s “Ella Baila Sola” surpassed a billion streams on Spotify in less than a year and became the first regional Mexican Top 10 hit on Billboard’s all-genre Hot 100, peaking at No. 4 — later, Bad Bunny’s collaboration with Grupo Frontera, “Un x100to,” hit No. 5.
As for the Taylor Swift of it all: Time’s 2023 Person of the Year made up 1.79% of the U.S. market, Luminate found, accounting for 1 in every 78 U.S. on-demand audio streams.
Her dominance is reflected in Luminate’s 2023 top albums chart, where Swift accounts for five of the top 10 albums in the U.S.
However, when it comes to overall music consumption in the U.S. — even with the success of Swift and the massive successes of country music and non-English language programming — hip-hop continues to rule, accounting for 25.5% of all streams.
Maybe it had something to do with hip-hop celebrating its 50-year anniversary in 2023, because streams for current R&B and hip-hop acts dropped 7.1% from 2022, while catalog streams — older material — grew 11.3%.
veryGood! (448)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Durable and enduring, blue jeans turn 150
- All of You Will Love Chrissy Teigen’s Adorable Footage of Her and John Legend’s 4 Kids
- Germany's economy contracts, signaling a recession
- What to watch: O Jolie night
- Is the California Coalition Fighting Subsidies For Rooftop Solar a Fake Grassroots Group?
- Ricky Martin and Husband Jwan Yosef Break Up After 6 Years of Marriage
- Out in the Fields, Contemplating Humanity and a Parched Almond Farm
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Kathy Hilton Shares Cryptic Message Amid Sister Kyle Richards and Mauricio Umansky Divorce Rumors
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Bots, bootleggers and Baptists
- Netflix has officially begun its plan to make users pay extra for password sharing
- Group agrees to buy Washington Commanders from Snyder family for record $6 billion
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- In Portsmouth, a Superfund Site Pollutes a Creek, Threatens a Neighborhood and Defies a Quick Fix
- Out in the Fields, Contemplating Humanity and a Parched Almond Farm
- Frustration Simmers Around the Edges of COP27, and May Boil Over Far From the Summit
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Bots, bootleggers and Baptists
LA's housing crisis raises concerns that the Fashion District will get squeezed
Robert De Niro's Daughter Says Her Son Leandro Died After Taking Fentanyl-Laced Pills
Intellectuals vs. The Internet
At COP27, the US Said It Will Lead Efforts to Halt Deforestation. But at Home, the Biden Administration Is Considering Massive Old Growth Logging Projects
Can Africa Grow Without Fossil Fuels?
California Released a Bold Climate Plan, but Critics Say It Will Harm Vulnerable Communities and Undermine Its Goals