Shipments of Latin music growing

“Record-company shipments of Latin music CDs to U.S. retailers rose 13 percent last year, an increase driven in part by growing demand for Reggaeton, the recording industry’s trade group said Thursday.

In all, shipments of CDs, DVDs, cassettes and music videos of Latin music in 2005 increased 14 percent, or 55.6 million units, according to the Washington-based Recording Industry Association of America.

The retail value of the shipments was $753.7 million, a 16 percent increase over 2004. The wholesale value of the shipments was $463.8 million, the RIAA said.”

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