Here's the concise, value-focused rewrite:

Chartmetric's 2024 Year In Music Report reveals significant growth and trends in the music industry, tracking over 11.1 million artists and 126 million tracks. Here are the key findings:

Artist Growth and Distribution:

• 1.7 million new artists added in 2024 (approximately 4,600 daily)
• Top countries by artist representation: US (32%), UK (4.7%), France (3.8%), Germany (3.7%), Canada (3.6%), Italy (3.2%)

Career Level Breakdown:

• 818,000 new undiscovered artists
• 61,500 new developing artists
• 8,500 new mid-level artists
• 2,800 new mainstream artists
• 308 new superstar artists
• 65 new legendary artists

Top 10 Artists by Chartmetric Score:

1. Bruno Mars
2. Taylor Swift
3. Billie Eilish
4. Rosé
5. Drake
6. Lady Gaga
7. Justin Bieber
8. The Weekend
9. Eminem
10. Ariana Grande

Notable Trends:

• Latin artists comprise 13% of top 500 artists
• 25.7 million new tracks added in 2024
• Average of 28,700 new tracks released daily
• Most popular release days: Fridays
• Peak release months: March, April, May

Platform Performance:

• Spotify: Only 14% of 11 million profiles have >10 monthly listeners
• Radio: 2,860 stations tracked, playing 2 million unique tracks with 1 billion total spins

Top Latin Artists by Spotify Monthly Listeners:

• Bad Bunny (70.15M)
• Shakira (60.9M)
• J Balvin (57.9M)
• Karol G (57M)
• Daddy Yankee (53.7M)

Genre Distribution: Most tracks added in 2024 were in:

• Hip-Hop
• Dance
• Alternative
• Pop
• Electronic
• Latin
• Rock
• R&B/Soul
• Jazz

The data shows continued industry growth, with significant increases in artist representation and track releases, while highlighting the ongoing dominance of established platforms and genres.

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