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Page titleStandfirstBodyCollections by regionLatin America & the CaribbeanLatin American collections flatten following two years of exceptional growth Collections in Latin America and the Caribbean fell by -0.6% in 2024 from the exceptional +29.2% and +66.1% recorded in the previous two years. The total collections reached EUR786m with the decrease driven predominantly by a significant fall in broadcast revenues. Live & background also contracted slightly whilst digital saw solid growth. Almost all the region%u2019s collections were made in these three primary sectors and the Latin American total has increased by nearly one half over the preceding decade.Music remains by far the largest repertoire and grew by +3.3% to reach EUR718m. Literary income doubled, and visual arts revenue rose by +13.7%. Collections in the drama repertoire halved and audiovisual fell by -19.7% despite the improving legislative landscape in some countries. Digital collections made up two-fifths of Latin America%u2019s total Income from Latin America%u2019s digital sector rose +9% to reach EUR327m. With exponential increases in all the largest collecting countries across the decade, digital accounted for 41.6% of the regional total in 2024.Mexico made up almost half of these revenues and, following market expansion and new contract negotiation, growth of +8.4% allowed the country%u2019s digital sector total to reach a record EUR161m. Digital was also the primary driver of growth in Brazil where local society UBC reported audio and audiovisual streaming increases of +17% and +22% respectively, leading to a combined +20.1% rise in digital collections.In Colombia, digital grew by two-thirds due to improved income from distributors and an increase in the licensing of online and multimedia content. Peru%u2019s digital revenues grew +37.3%, with a drop in Subscription Video on Demand (SVOD) uptake being more than offset by a rise in new digital licences and increased use of music across digital platforms. Similar trends were observed in Ecuador (+41%), Uruguay (+52.2%), El Salvador (+30.5%) and Venezuela (+51.8%), whilst in Guatemala, digital revenues more than doubled.%u20ac786Mwas collected in Latin America and the Caribbean in 2024, marking a -0.6% dip after two years of exceptional growth.Country/Territory Collections % Growth vs 2015 vs 2020Mexico 247 +9.2% +353.5% +178.5%Brazil 236 +5.0% +37.2% +77.9%Argentina 113 --36.2% -37.7% +34.8%Grand Total %u20ac786M -0.6 % +48.6% +107.9%Top three collecting countries (EUR million)Repertoire Collections % Growth vs 2015 vs 2020Music 718 +3.3% +57.1% +110.6%Audiovisual 51 -19.7% -4.1% +44.6%Literary 0.003 +98.7% -82.0% +493.2%Drama 17 -48.0% -9.0% +884.3%Visual Arts 0.5 +13.7% +10.6% +56.7%Grand Total %u20ac786M -0.6% +48.6% +107.9%Collections by repertoire (EUR million)Live & background falls despite strong performance in the majority of countriesRevenues from the use of music in businesses and at live events fell by -1% to reach EUR255m. Making up onethird of the regional total in 2024, this sector saw strong performance in the majority of countries but a significant decline in Argentina reversed the trend.In Brazil, UBC reported a +33% increase in live concerts compared to 2023, which combined with the important Carnaval and Festa Junina festivals to drive a +5.7% rise in this sector. In Mexico, SACM saw music concert growth of +19.2%, which together with improved efficiency in background music collections produced a national live & background increase of +21.7%.In Peru, more than half of all revenue came from this sector with market growth driving a rise of +20.4%. This was illustrated by increases in the number of licences that local society APDAYC issued to permanent premises (+17%), dance events (+35%) and entertainment concerts (+23%). In Panama, +20.4% sector rise was attributed to increased revenues from the hotel and cruise ship industries.Argentina had made up one quarter of regional live &background revenues in 2023, but a drop of -40.7% created a EUR27m negative swing in the total. With Argentina%u2019s results removed, the rest of Latin America saw a combined rise of +12.8% in this sector.Live & BackgroundDigital OtherLatin America%u2019s Music CollectionsDigital dominates Latin America%u2019s collections at 41.6% of total revenues, followed by live & background at one-third. 41.6% %u20ac327M 33.0% %u20ac255M 25.0% %u20ac205MCISAC Forewords CISAC AI Fraud Highlights Market analysis Futuresource Collections by repertoire Collections by region Tables of collections Membership About the report Methodology64 65Forewords CISAC AI Fraud Highlights Market analysis Futuresource Collections by repertoire Collections by region Tables of collections Membership About the report Methodology Global Collections Report