Current:Home > MarketsMusic streams hit 4 trillion in 2023. Country and global acts — and Taylor Swift — fueled the growth -Pinnacle Profit Strategies
Music streams hit 4 trillion in 2023. Country and global acts — and Taylor Swift — fueled the growth
EchoSense Quantitative Think Tank Center View
Date:2025-04-08 06:48:22
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! (496)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- See Al Pacino, 83, and Girlfriend Noor Alfallah on Date Night After Welcoming Baby Boy
- 3 reasons why Seattle schools are suing Big Tech over a youth mental health crisis
- A golden age for nonalcoholic beers, wines and spirits
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Pete Davidson Charged With Reckless Driving for Crashing Into Beverly Hills House
- Sony says its PlayStation 5 shortage is finally over, but it's still hard to buy
- Jobs Friday: Why apprenticeships could make a comeback
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Get a $120 Barefoot Dreams Blanket for $30 Before It Sells Out, Again
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Southwest Airlines' holiday chaos could cost the company as much as $825 million
- Pete Davidson Charged With Reckless Driving for Crashing Into Beverly Hills House
- Tidal-wave type flooding leads to at least one death, swirling cars, dozens of rescues in Northeast
- North Carolina justices rule for restaurants in COVID
- 'Medical cost-sharing' plan left this pastor on the hook for much of a $160,000 bill
- Bachelor Nation’s Kelley Flanagan Debuts New Romance After Peter Weber Breakup
- The secret to upward mobility: Friends (Indicator favorite)
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
One of the world's oldest endangered giraffes in captivity, 31-year-old Twiga, dies at Texas zoo
Chinese manufacturing weakens amid COVID-19 outbreak
What Has Trump Done to Alaska? Not as Much as He Wanted To
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Warming Trends: Heating Up the Summer Olympics, Seeing Earth in 3-D and Methane Emissions From ‘Tree Farts’
Colleen Ballinger faces canceled live shows and podcast after inappropriate conduct accusations
Covid Killed New York’s Coastal Resilience Bill. People of Color Could Bear Much of the Cost