Now That's What I Call Music! 46 is the 46th installment of the Now! series in the United States. It was released on May 7, 2013. The album debuted at number three on the Billboard 200 albums chart with first week sales of 91,000 copies.
In his review for AllMusic, Andy Kellman notes that "once again, there's little in the way of R&B and country" in Now! 46. The two rap songs included in the set failed to reach the top 40, coming from artists "past their commercial peak". Positively, he calls Sky Ferreira's "Everything Is Embarrassing", the best track yet from the "What's Next" selections of the Now! series.