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5 More Takeaways from Luminate’s Midyear Report: The Album Lives, Catalog vs. Current, Latin’s Disadvantage & More


Latin music, albums and more takeaways from Luminate's midyear report 2024 including streaming, catalog vs. current and developing markets.

As Billboard ’s Dan Rys noted earlier this week, this year’s top album, Taylor Swift’s The Tortured Poets Department, did especially well, boasting 2.6 times as many EAUs as the No. This ends a run of increasing catalog market share that led to much — and some might say unnecessary — handwringing over the popularity of current music being released by record labels. Globally, the average premium share is 57.5% and is highest in European countries, including Norway (93.5%), Iceland (92.9%), Sweden (89.6%), Netherlands (87.6%) and Denmark (87.1%).

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Or read this on Billboard