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Music Publishing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Music Publishing Market Research Report | NAICS 51223 | Oct 2015

Getting a remix: Diversified digital media outlets have opened up new revenue streams for publishers

IBISWorld’s Music Publishing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 10-15
0.5%
Annual Growth 15-20
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Profit
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Employment
5,508
Businesses
761
Industry Analysis & Industry Trends

The Music Publishing industry is in the midst of an important transition. Falling physical album sales in the past five years have forced publishers to seek out new revenue sources and become less dependent on their traditional licensing platform. Therefore, music publishers are continuously cultivating licensing agreements with newer revenue streams, such as mobile outlets, digital streaming services and wireless music subscription services. In the five years to 2020, the industry will continue to leverage technological change. In addition, increasing disposable income and rising corporate spending will boost the industry's performance... purchase to read more

Industry Report - Industry Analysis Chapter

Consumers are more frequently exposed to music than ever before. Songs and albums can be heard over the radio, on the internet, in advertisements, in video games, in movies and on television. With these methods of distribution continually expanding, the Music Publishing industry is responsible for ensuring that the creators of musical works are appropriately compensated. The most noteworthy characteristic of the industry is its resilience during a time in which record labels have struggled to expand revenue. Music publishing has been far more resilient to the digital technology boom than the broader music industry, benefiting from music publishers' ability to quickly target digital and mobile media outlets as new sources of licensing... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Music Publishing Industry?

This industry acquires, copyrights and authorizes the licensed use of musical compositions and recordings. Publishers may own the rights to various musical works or have been chosen to administer copyright and licensing agreements on behalf of musicians, songwriters and composers. Licensing agreements specify the royalties paid to publishers in exchange for authorized use of these works through various media channels.

Industry Products
Mechanical royaltiesPerformance royaltiesSynchronization royalties
 
Industry Activities
Acquiring and registering copyrights to musical worksLicensing and distributing musical worksCollecting royalty payments from licensed users of musical worksIssuing royalty payments to composers and performers


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