Latin America: music industry key figures 2017
This table presents the selected key figures of the music industry in Latin America in 2017. In 2017, the recorded music industry in the region saw a growth of nearly 49 percent in streaming revenues, counting between 15 to 16 million paid music streaming accounts on different online music services.
Although streaming has been able to break several geographic barriers, the region's main challenge remains the lack of subscription options in a region where people tend to prefer free music consumption and in which a large number of consumers do not own a credit card.
Although streaming has been able to break several geographic barriers, the region's main challenge remains the lack of subscription options in a region where people tend to prefer free music consumption and in which a large number of consumers do not own a credit card.
