Industry Analysis & Industry Trends
Music publishers fared well during the recession, but the rise of digitally distributed music is forcing many operators to evolve. Facing rising competitive pressure, the music industries are becoming more flexible, adapting business models in order to meet consumers' rapidly changing needs. Publishers and labels have adjusted by pursuing innovation and shifting policies. As a result, revenue is expected to rise modestly over the next five years... purchase to read more
Industry Report - Industry Locations Chapter
West and Mid-Atlantic dominate
The West has 31.9% of industry establishments and 17.0% of the US population. California alone has 27.4% of industry establishments and 12.2% of the US population. The only other major location for musical groups and artists is the state of New York, which has 23.4% of industry establishments and 6.6% of the US population.
The Mid-Atlantic, with only 16.0% of the national population, contains 27.0% of total establishments. The dominance of these regions is primarily due to the presence of major players' headquarters or main offices in Los Angeles and New York. These two cultural and financial centers are most often the home for major companies, but in industries that are highly cultural in nature, this advantage is amplified... purchase to read more