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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
2.0%
Annual Growth 16-21
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Profit
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Employment
5,392
Businesses
756
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 - Starting a New Business Chapter

The Music Publishing industry has high barriers to entry. In general, there is a high level of capital investment required to enter the industry, mainly due to the costs needed to develop a legitimate portfolio of artistic clients. More importantly, though, the industry's barriers center on competition; cultivating an extensive network of contacts is essential both as a means of winning new clients and as a way of generating greater revenue through licensing. The industry's largest operators already have extensive rosters of clients established, often containing artists already tied to a major label through a recording contract... 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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