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Latin Music Revenue Surpasses $1 Billion for Second Consecutive Year

Latin music revenues in the United States continue to hit an all-time high, exceeding the $1 billion mark for a second year in a row on the wings of 16% growth that outpaced the overall market.

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According to the RIAA’s year-end Latin music report for 2023, total revenue jumped from $1.1 billion in 2022 to $1.4 billion in 2023, with the genre’s overall share of the total music market lifting from 7.3% in 2021 to 7.9%. In 2021, the revenue totaled to $881 million with an overall share of 5.9%.

“Latin music has exploded in the U.S. over the last decade as a new generation of stars boosts the genre and streaming puts this dynamic sector at everyone’s fingertips,” says Rafael Fernandez Jr., RIAA senior VP of public policy & Latin music. “No longer limited by language, access or outdated assumptions – Latin artists are shaping our culture as fans gravitate towards the spirit of this music, propelling faster growth than all other listening and expanding our horizons further every year.”

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Months earlier, the RIAA’s mid year report had already suggested that Latin music revenues would reach a record high, driven by the success not only of Karol G — who made history last year with Mañana Será Bonito — but also a new wave of música mexicana acts such as Peso PlumaFuerza Regida and Eslabon Armado who have also helped usher in a record year for regional Mexican music.

RIAA

RIAA

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“At the same time, there are opportunities for more fans to subscribe to paid streaming services and Latin vinyl sales to spin up even higher, finding different ways of connecting and inspiring unforgettable moments together as artists and labels offer up new sounds and songs,” adds Fernandez Jr.

Streaming makes up a stunning 98% of Latin music revenue, accounting for more than $1.3 billion, up 17% over 2022. Within that, paid subscriptions were the biggest growth driver, contributing more than two thirds of total revenues and posting growth of 21% to $915 million; last year, the total earnings from streaming was $758 million.

Another big contributor to growth was ad-supported on-demand streams (from services like YouTube, Vevo and the free version of Spotify), underscoring how important video is to the Latin fan. Revenue from this space grew 10% to $336 million.

Revenue from digital services like Pandora and SiriusXM increased 5% to 77 million, making up 6% of streaming earnings for Latin music. Conversely, permanent downloads yielded a mere 1% of revenues for Latin music in 2023, falling 15% versus the year prior to $10 million, comparable to the 12% drop for digital downloads in the market overall.

Although physical format sales slightly increased in 2022, this time CDs dropped down 49% to $2 million while vinyl albums decreased 25% to $7 million, the latter accounting for less than 1% of Latin music revenue in the U.S.

RIAA

RIAA

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Miranda Lambert Signs with Republic Records

Following her departure from longtime home Sony Music Nashville last year, Miranda Lambert has signed a new deal with Republic Records. Nashville’s Big Loud will provide country radio promotion and marketing efforts as part of its partnership with the Universal Music Group-owned label. 

As the first salvo in the new deal, Lambert will release the new track “Wranglers” on May 3. It will mark her first new music since the release of her 2022 album, Palomino. “’Wranglers’ is a tale of a woman taking her power back. I think we can all identify with the character in this song, because we have all had a time in our life that we needed to find a way to find our strength and also get a little revenge on someone that did us wrong or hurt us,” she said in a statement.  Lambert will likely premiere the song during the seven-time CMA female vocalist’s headlining Stagecoach Festival appearance this Saturday (April 27).

Lambert’s affiliation with Republic comes as the New York-based label has moved more into country music and further into its partnership with Big Loud; in March, Big Loud inked a multi-year distribution deal with Mercury Records/Republic for all of its acts. Previously, only releases by Big Loud acts Morgan Wallen, Lily Rose and Dylan Gossett had gone through the partnership. Notably, Gossett is signed to Big Loud Texas, an imprint Lambert and Jon Randall started last year through Big Loud. 

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“Being in Texas with Jon, recording where I cut my teeth as a young artist, felt like coming home. I thought about the women — and men — who’ve lived, loved and found power in my music, and I wanted to get back to the root of those spaces,” continued Lambert, who is managed by Marion Kraft. “Talking to [Republic founder/chairman Monte [Lipman], [Republic founder/vice chairman] Avery Lipman and the team at Republic, as well as [Big Loud CEO] Seth [England] and the Big Loud folks who are leaning in, everyone understood my desires and vision for this next era of my music. Aligning like that is empowering; it gives you a license to really chase it. Signing with Republic has inspired me to find the sweet spot for me and all the people like me. I can’t wait for everyone to hear ‘Wranglers,’ and the rest of this record.”  

“Miranda Lambert’s legacy as both a consummate storyteller and legendary performer speaks for itself. Her new music is spectacular and we are thrilled and honored to welcome her to Republic Records in partnership with Big Loud,” added Monte Lipman.

Lambert added that the move has been inspiring. “Having a new home has given me a hunger I didn’t realize I still had inside me,” she said. “This song feels like it could be on the same record as ‘Gunpowder & Lead’; it has that same fury. I can’t wait to get out there with this new label and this new music… Monte Lipman and his team fire me up!” 

“Gunpower & Lead,” featured on Lambert’s second album, 2007’s Crazy Ex-Girlfriend, became her first top 10 hit on Billboard’s Hot Country Songs chart. 

There’s no word on when Lambert will drop a new album, but Republic president/COO Jim Roppo said in a statement, “As she puts the final touches on her fantastic new body of work, it has all the hallmarks of her signature sound, yet she continues to push herself as a songwriter, producer and performer. We’re all at the beginning of a very special moment, and we’re grateful to be on this journey with her.”

Lambert, the most awarded artist by the Academy of Country Music Awards, recently wrapped her residency in Las Vegas and will be on the road through September, during which time she will headline several music festivals. 

Range Media Partners Draws New Investment from Group Including Liberty Global

Range Media Partners has secured a substantial minority investment from a strategic investment group encompassing Liberty Global, Wildcat Capital Management and family entertainment company Playground Productions, the company announced Tuesday (April 23).

The investment will help finance growth initiatives and strategic acquisitions for Range, a diversified management firm that operates across music, entertainment, sports and digital. It will also be used to bolster the company’s position in the U.S. market while scaling it in new and existing international markets.

Launched in the summer of 2020, Range provides a full stack of shared services encompassing all areas of content production and commerce-based initiatives. Over the past year alone, Range has merged with production company Automatik; executed a growth strategy for Range Sports that included acquiring growth-stage companies within the media rights, athlete marketing and golf verticals; launched a music publishing division led by former Hipgnosis Songs Fund executive Casey Robison; and opened a Nashville office.

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Under the deal, Rick Hess — founder/managing partner of Cobalt Capital and a strategic advisor to Forest Road Acquisition Corp, which led the investor group — was appointed to serve on Range’s governing body as representative of Liberty Global and Wildcat Capital Management.

Previous Range investors include Point72 Ventures and A+E Networks.

Range’s music clients including Jack Harlow, Saweetee, Cordae, Midland, Murda Beatz, Nova Wav, PARTYNEXTDOOR, Hailey Whitters, Lauv, MAX, HARV, Sean Douglas, Wondagurl, Yola, Pentaonix, Luke Grimes, Russell Dickerson, Dylan Gossett, Shaboozey, Ryan Bingham and Tanya Tucker.

“We founded Range with the express intention to build a multi-vertical, full-service offering, one that extends beyond the traditional business of film & TV representation in order to catapult client careers and ambitions through the broader entertainment & media landscape as well as through technology and diversified ventures,” said Peter Micelli, CEO of Range Media Partners, in a statement.

Micelli continued, “We saw the dynamic changes happening, our clients were feeling them through the ripple effect, and we wanted to be more aggressive in how we could advantageously leverage those changes accordingly.”

Range managing partner Jack Whigham added, “Liberty Global, one of the most widely respected industry leaders worldwide, along with Wildcat Capital Management and Playground Productions are ideal strategic partners for Range’s next stage of growth. We have been very deliberate during this process, wanting to find top-tier, blue-chip partners who have a unique perspective on our industry and are as committed as we are to an innovative long-term strategy to unlock global value for our clients. We are honored to move into this transformative phase with Liberty Global, along with the other first-rate financial sponsors, at our side to continue to meaningfully diversify our business through investment & acquisition.”

ACF Investment Bank advised the investor group, with Greenberg Traurig serving as its legal counsel. Cooley was legal counsel for Liberty while Range was represented by Jones Day.

‘The Voice’ Playoffs: Nathan Chester Channels James Brown For Beatles Cover

For a band that split in 1970, the Beatles seem to be everywhere right now.

Last year, the Fab Four released their final recording, “Now And Then,” which gave the band their first No. 1 on Billboard’s Adult Alternative Airplay in more than 50 years, a leader on the Official U.K. Singles Chart which extended their record as the British act with the most leaders (18). It was also the longest-ever gap between No. 1 singles for any act, at 54 years.

Then, last week, confirmation that Michael Lindsay-Hogg’s 1970 documentary Let It Be would be released for streaming on Disney+ from May 8, restored by Peter Jackson and the Kiwi director’s team.

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The Beatles’ music got another boost — and an update — during the Playoffs of NBC’s The Voice, when Nathan Chester ripped out a classic.

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For the latest episode, which aired Monday night (April 22), Chester gave an acrobatic performance of “Oh! Darling,” which appears on the Beatles’ Abbey Road album.

Chester, looking sharp in a retro, green suit, brought soul to his rendition, delivered high notes with style, and busted out some eye-watering splits. Think prime James Brown.

The Chicago, IL native hones his talents as a professional singer on cruise ships. It shows. During the Blind Auditions, he impressed with a performance of Al Green’s “Take Me to the River,” earning a two-chair turn.

“I’m always waiting for someone to inspire me, excite me,” coach John Legend said at the time. “When I heard you singing, I turned very quickly because I was like, this man’s got it.”

Guided by Legend, Chester performed Elvin Bishop’s “Fooled Around and Fell in Love” in the Knockouts.

And what is Chester comfortable singing? Jazz, opera, golden age of musical theater, funk, soul, Motown, he explained following his Blind Audition. It turns out, he’s just fine with the Beatles. And if he was to make an album, he’d want to bring back “the James Brown-style of Motown.” We got a glimpse of that on Monday night.

Watch below.


https://youtube.com/watch?v=_s4-deWdjUI&version=3&rel=1&showsearch=0&showinfo=1&iv_load_policy=1&fs=1&hl=en-US&autohide=2&wmode=transparent

Madonna Enters the Marvel Universe In NSFW ‘Deadpool & Wolverine’ Trailer: Watch

The latest epic from the Marvel Cinematic Universe brings together three giants of popular culture: Deadpool, Wolverine and Madonna.

Marvel’s forthcoming action-comedy “Deadpool & Wolverine” is a superhero dream team, which sees Hugh Jackman reprise his role as the hard-as-nails X-Man Wolverine alongside Ryan Reynolds’ reckless (and foul-mouthed) Deadpool.

The trailer should fill the cups for anyone weaned on Marvel, comics, action and ‘80s music.

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It’s a two-and-a-half-minute NSFW blockbuster, loaded with fight sequences, drug references, Deadpool crashing through the fourth wall and a carpeting of f-bombs, soundtracked to the Madonna classic “Like a Prayer.”

The Queen of Pop’s Billboard Hot 100 leader from 1989 gets a dancey-upgrade for the clip, which was shared on Reynolds’ YouTube page and can be seen in full below.

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Madonna justified her royal status earlier this year as “Popular,” her collaboration with the Weeknd and Playboi Carti, creates an impressive piece of U.K. chart history when it became the U.S. pop veteran’s 64th top 10 single, extending her lead as the female artist with the most top 10s in Official Chart history.

Madonna sets chart records for fun. According to the Official Charts Company, the superstar singer has 12 U.K. No. 1 albums, the most among solo female artists, though Taylor Swift is days away from equaling that feat. The Like a Prayer LP, which recently celebrated its 35th anniversary, is one of those leaders (it logged two weeks at the chart summit).

When “Popular” splashed on the Billboard Hot 100 in 2023, Madonna joined Cher as the only women to have debuted titles on the chart in five separate decades (Madonna has debuted songs on the Hot 100 in the 1980s, ‘90s, 2000s, ’10s and now ‘20s).

Directed by Shawn Levy, Deadpool & Wolverine is due out July 26 and is Marvel Studios’ first R-rated film. The forthcoming film is the third in the Deadpool series and follows Deadpool 2 by six years.



Taylor Swift Is Sprinting to U.K. Chart Double With ‘Tortured Poets’

Taylor Swift is ready for her chart crown.

Predictably, Swift’s The Tortured Poets Department (via EMI) flies out the gate in the U.K., where it’s set to become her 12th No. 1.

Based on midweek sales and streaming data captured by the Official Charts Company, Tortured Poets has already collected 197,000 chart units, good enough for the title as the fastest-selling album of 2024 so far.
When the full-week’s result is tallied, Tortured Poets will stand tall as Swift’s biggest opening week in the U.K. Her current record holder is 2022’s Midnights, with 205,000 first week U.K. chart units, a result that Tortured Poets has almost certainly eclipsed (with half a week to spare).

When the Official U.K. Albums Chart is published later this week, Swift should notch a 12th No. 1 with Tortured Poets, equaling Madonna at the top of the leaderboard of solo female artists. She’s also the first and only artist this century to rack up 10 U.K. No. 1 albums.

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As previously reported, Swift respectively locks up the top three spots in the singles chart race with “Fortnight” featuring Post Malone, the title track, and “So Long, London.” With that form, expect the U.S. pop superstar to nab the chart double. “Fortnight” should become TayTay’s fourth U.K. No. 1, after “Look What You Made Me Do” (from 2017), “cardigan” (2020) and “Is It Over Now? (Taylor’s Version)” (2023).

Swift’s 11th studio album has already smashed Spotify streaming marks, blasting away with more than 300 million streams in a single day.

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Also on the Official U.K. Albums Chart Update, Pearl Jam’s 12th and latest studio album Dark Matter (Monkeywrench Records/Republic Records) is predicted to give the Rock Hall inductees their highest-charting LP in 11 years, at No. 2.

Completing the podium on the chart blast is UB40’s UB45 (Sono Recording Group), new at No. 3. UB45 is the 21st studio album from the British reggae/pop act, gathering seven new songs and as many revisions of older works.

All will be revealed when the national chart is published late Friday, April 26.

Meet 2024’s ‘American Idol’ Top 10 Contestants

Born: June 14, 2000 – Fort Lauderdale, Fla.

Favorite Alums: Chris Daughtry, James Durbin

Musical Influences: Bon Jovi, Journey, Whitesnake, Queen, Ed Sheeran

First Idol Experience: “When Chris Daughtry got voted off, I wrote a handwritten letter to American Idol and said, ‘You made a mistake. This guy’s a star.’”

“I have older parents and they looked in the Yellow Pages to find a piano teacher. My dad said, ‘I want you to teach my son. He’s three years old. And the teacher said, ‘We normally like them to read English before they read music.’ My dad told him, ‘He reads, let’s get him in. We’ve got to start him early.’ So I went to his studio and my little legs didn’t touch the floor. I was swinging off the piano bench and I learned how to read music along with English. When I was 10, my parents asked if I actually liked taking lessons. I said, ‘I’ve been doing it forever, so I might as well keep doing it. It’s a part of my identity at this point.’”

Kayko says he was always a music kid. “I did classical piano competitions for a long time and then I always wanted to change the song and not play what’s on the page, so I did jazz. And I thought, ‘This really isn’t really my vibe. I’m a rocker. I would never do a singing competition, not even American Idol. I would never try out for that.’ And then I did theater.”  

After appearing in musicals like Side ShowIn the HeightsGhostCabaret and 9 to 5, Kayko turned to YouTube and Billboard to see what music was popular and was inspired to record cover songs. “I was definitely a YouTube kid and that’s how I learned how to produce my own music.”

Kayko attended Berklee College of Music for three semesters, until he realized he didn’t want go to school. “I quit and moved to Nashville. I needed to write and produce my own songs. I needed to book live shows. I had no mentorship or insight, just a dream of being an artist and putting out music.”

Kayko’s audition for Idol was unlike most other tryouts but he assures Billboard that what was shown on television was 100% true. “I don’t know if the world will ever believe that. One of my very good friends from college, Abby Blake, got a call to do American Idol and they wanted her to prepare two songs but said the accompanist would only play one. She said, ‘I feel more comfortable with you in the room.’”

Kayko agreed to go with her. They woke up at 4 a.m. for the Nashville audition and sat in a room all day without ever seeing the judges. The producers asked Blake to come back the next day and Kayko said he would return with her.

“Abby’s voice was shot and she wasn’t feeling well that day and I was thinking I have to break the ice for her, so I was probably talking way more than any accompanist has ever done before. Abby sang her song and got a yes. Katy Perry looks at me and says, ‘There’s something about you. You look like an artist.’ I said, ‘No, I’m not doing this.’ Abby said I should sing for these three music legends. I played an original song and they look at each other and tell me I’m going to Hollywood. What?!”

But Kayko had a huge conflict. “I booked a job in New York playing guitar for a new off-Broadway musical, Hard Road to Heaven, and I had this in place for a year. The guy who got me the gig put his neck on the line for me and now I have to call him and say, ‘I don’t know what to do. Katy Perry just told me that I have a thing and I need to go to Hollywood Week and I could get cut and get no airtime and lose this thing, or it could be great.’ He said, “I would never hold you back from doing something like that.’ So I spent a week and a half in New York and flew directly to L.A. for Hollywood Week. The only reason I went was for that chance for airtime and the potential viral moment and for my friend Abby. She got cut in Hollywood and I’m still here.”

It could have been an awkward situation, but it wasn’t. “Abby and I are real friends and we’re both in the music industry and know that it’s not personal. I didn’t take her spot. My dad always said, ‘If Simon Cowell walked into the bar and you’re playing a lousy gig, are you going to blow him away?’ And it actually happened with Katy Perry.”

Rapper Chris King Fatally Shot in Nashville, Mourned by Justin Bieber, Trippie Redd, Machine Gun Kelly & More

Chris King, the rapper who was close friends with Trippie Redd and Justin Bieber and started the label Snotty Nose Records, was fatally shot in Nashville early Saturday morning. He was 32 years old.

According to Nashville homicide detectives, King (real name: Christopher Cheeks) was with friends at 2:30 a.m. CT when three suspects attempted to rob the group. Both King and his 29-year-old friend were struck by gunfire. After running in separate directions, the 29-year-old victim was located and treated, while King was pronounced dead at Vanderbilt hospital.

On social media, there was an outpouring of love for the late rapper, who was born in Fontana, Calif. King briefly lived with Bieber, who took to his Instagram Story on Saturday to write, “Love you bro,” with a broken-heart emoji over a photo of the pair hugging. “This one hurts. Please keep his family in your prayers. See you in paradise, brother.”

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On Saturday, Redd — described as King’s best friend — posted a carousel of photos of the late rapper along with the caption “I am so hurt rn I can’t even think I love you bro come back!!!!!” He posted a longer tribute to Instagram on Sunday, writing, “Original 1400 I love you until we meet again twin! I would not be where I am today without @whoischrisking.” In the caption, Redd credited King with introducing him to 10K Projects CEO Elliot Grainge as well as Create Music Group founding partner Milo Stokes. “He had the best energy always. He had so many friends and it shows. I love you guys for supporting one of my best friends ever my brother.”

Machine Gun Kelly responded in Redd’s comments, writing, “chris was rare.”

Keke Palmer also shared a tribute to King on Instagram, posting a photo of the two talking on Facetime. “Chris King! I wish I had more photos but it’s actually perfect because this is exactly how it began,” she wrote. “iChat sessions with you and Marcel back in the 2Much days. Wow. I can’t believe I’m saying rest in peace. This is terrible. I really don’t know what to say. I just want to share that I loved you and I remember all the city walk, grove moments. That was my high school. When we were babies before everyone knew you was a real rockstar. We were kids! And you always knew how to make everyone laugh. Your kindness was present no matter what room you were in, everybody was and wanted to be your friend. We will miss you until we meet again, rest heavenly brother.”

On April 8, King released his final music, a song called “Seeing Double Seeing Double.” The rapper was in Tennessee to perform Friday night at the Nashville Cannafest.

See some of the tributes to King below:

Logic “44ever,” Lost Boyz “Then Get Money” & More | Daily Visuals 4.22.24

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Wiz Khalifa & Logic Vinyl Verse Summer Tour 2022 - Atlanta, GA

Source: Paras Griffin / Getty

It’s been a while since Logic dropped off some new work for his fans to rock out to. But over the weekend the MC from Maryland got the internet in a frenzy when he released his new cut, “44ever,” and with it some new visuals that show just how out of this world the rapper plans to take his fans with his latest offering.

In the video for the aforementioned track, Logic goes the sci-fi route and takes himself and a couple of people into space where they rock and bop to Logic’s bars and ultimately freak out about being on a spaceship that’s going to, well, we’re not entirely sure. We hope Logic packed some space weapons cause you never know what you’ll run into once you go out into the universe.

Back on earth, Mr. Cheeks and the Lost Boyz returns to the rap game after a lengthy hiatus and in their clip to “Then Get Money,” the OG’s from Queens hit the streets and remind us how them G’s used to look holding down the block back in the 1990’s. RIP Freaky Tah.

Check out the rest of today’s drops and some joints you might’ve missed over the weekend including work from Cory Gunz, D. Jones featuring Young Chris, and more.

LOGIC – “44EVER”



LOST BOYZ – “THEN GET MONEY”



CORY GUNZ – “REDRUM”



D. JONES FT. YOUNG CHRIS – “ZAZA”



KOOKEI – “SUGE KNIGHT”


https://youtube.com/watch?v=WbDNgMqe0KM&version=3&rel=1&showsearch=0&showinfo=1&iv_load_policy=1&fs=1&hl=en-US&autohide=2&wmode=transparent

G PERICO – “ANY MEANS”



SASHA KEABLE – “HOLD UP”



JAE MILLZ – “DA ROCKWILDER”



Milk & Honey Adds Travis Kelce to Roster With VMG Sports Acquisition

Milk & Honey Music + Sports + Ventures has acquired VMG Sports, the boutique sports agency that’s home to Kansas City tight end, three-time Super Bowl winner and Taylor Swift love interest Travis Kelce along with 14 other NFL players.

In a deal broked by Milk & Honey president/founding partner Lucas Keller and VMG agents Adam Heller, Michael Simon, Greg Diulus and Sammy Spina, the 15 players represented by VMG Sports will join Milk & Honey’s roster of 83 clients, including Courtland Sutton of the Denver Broncos and Kamren Curl with the Los Angeles Rams.

“It’s an honor to have Adam, Mike, Greg and Sammy in the Milk & Honey family,” Keller said in a release. “VMG sports shared the same ethos with Milk & Honey which is a relentless commitment to advocating and creating value for the American athlete. For us it could be an athlete, an artist, a songwriter or a record producer — our clients train to be some of the greatest in the world.”

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In his own statement, Simon said he was “beyond excited to become part of the Milk & Honey family,” while Heller said Milk & Honey was “a perfect fit for the team and our clients.”

Milk & Honey was founded a decade ago by Keller and GM and business partner Nic Warner as a boutique management company catering to songwriters, producers and artists. The firm entered the sports world three years ago with Jake Presser and Rawleigh Williams alongside Dave Frank and Alex Harrow.

“Our belief in the influence of both music and sports and the important intersection between the two as an entertainment company is unwavering — this acquisition further reinforces that ethos and represents a significant step in our commitment to representing a diverse roster of premier talent worldwide,” said Frank.

The deal was brokered for Milk & Honey by lawyers Brian Schall, Ryan Barncastle and Rebecca Rosen from Barnes & Thornburg; Josh Joseph and Eric Russell from Big Plan Holdings; Jarrod Grubb, Woody Hartman, Jason Dobbs, Tom Fox and Andy Moats from Pinnacle Bank; and Ed Gold and Mike Berlly from Gold Business Management.