Thanks to increased consumption of artists like Peso Pluma, Spanish-language music is slowly eating away at English’s market share among the most popular songs.
Swift was the top-selling act on vinyl in the U.S. last year, with nearly 3.5 million vinyl LPs sold.
Helped by a dominating year from Taylor Swift, U.S. album consumption grew 12.6% to 1.1 billion units.
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.
Luminate’s Year-End U.S. Report: Album consumption increased 12.6%, album sales grew again and Taylor Swift has five of the year’s top 10 albums.
The data and analytics company’s note to independent retailers cites a “consensus” for changing how it counts sales across the sector.
The improved data on vinyl, CDs and cassettes will be reflected in the Billboard charts beginning next year.
Morgan Wallen leads a boom in country and world music continues to blossom, among other genre takeaways from the year’s midway point.
According to Luminate’s Midyear report, the first six months of 2023 saw a nearly 20% increase in new uploads.
Elsewhere, both Capitol Music Group and Warner Records jumped ahead, while Sony had a big first half showing from its Latin and Nashville divisions.
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