According to the Recording Industry Association of America (RIAA)’s Latin music report for the first half of 2020, revenues from Latin music in the U.S. grew 18.6% to $296.1 million at retail value, the fourth consecutive year of double digit percentage growth. Latin music continued to grow its share of overall U.S. music revenues to 5.2%. Total streaming revenues grew 20.3% to $285.2 million, accounting for 96% of the Latin music market. There were significant differences in results between Q1 and Q2 of 2020, as retail store closures, tour cancellations, and other impacts of Covid-19 affected the music industry in many significant ways.
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