Latin Music Industry Hits Historic Highs, Generating Over $1 Billion in Revenue

Streaming revenue led the Latin music industry to reach a record $1.1 billion, growing 24% from the previous year.
Bad Bunny was the most-streamed artist for the third consecutive year as his album topped Latin music charts.
Ad-supported streaming grew 24% and makes up 21% of Latin music's total revenue.
Latin music's expansion has outpaced the overall US music industry's growth, now claiming 7% market share.