The Recording Industry Association of America, the trade group representing U.S. record companies, has released yearend 1997 net shipments figures for Hispanic music. Our companies have been extremely supportive of what they recognize as a valuable process. Reporting companies submit data to Coopers and Lybrand for all product meeting the definition of Hispanic product, shipped to all market channels.
Product is reported net of returns.
Company data submissions are reported in the aggregate, by configuration, at suggested list price. The aggregate shipments have been carefully reviewed by data preparers from each company. The reporting process is two years old, and data submissions have improved in each reporting period. No projection of the non-reporting segment of the market is made. Yearend Latin Manufacturers' Unit Shipments and Dollar Value Chart Permission to cite or copy these statistics is hereby granted as long as proper attribution is given to the Recording Industry Association of America.