YTD MARKETSHARE:
WINTER HEAT WAVE
2023 kicked off with some red-hot carryovers as three labels and a distribbery exploded out of the gate in current marketshare.
Monte Lipman’s Republic took #1 in current last year, and the label’s momentum has ramped up further during the first few weeks of ’23 behind smashes by Taylor Swift, Metro Boomin, Drake & 21 Savage, The Weeknd, BIGHIT/Imperial’s TOMORROW X TOGETHER and Big Loud/Mercury’s Morgan Wallen—who’ll add to Republic’s torrid 11.1% start when he releases his third album on 3/3.
Peter Edge’s RCA jumps nearly two percentage points to 6.6 overall thanks in large part to SZA, whose SOS has spent all of 2023 at #1, while Doja Cat and breakthrough artist Steve Lacy continue to deliver. Michelle Jubelirer’s rebuild of CMG has been fast-tracked by the Sam Smith & Kim Petras inferno “Unholy.” And Brad Navin-led indie distributor The Orchard has rocketed to 8.4%—a 2.3% increase from 2022—with Human Re Sources’ RAYE lighting the scoreboard alongside Rimas’ Bad Bunny.
