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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 | Jul 2014

Change of tempo: Digital media and increased piracy prevention will aid revenue growth

IBISWorld’s Music Publishing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
-3.2%
Annual Growth 14-19
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Profit
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Employment
5,975
Businesses
760
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. Thus, 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 2019, 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 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

 


Industry ProductsRelated ReportsTable of Contents

What is the Music Publishing Industry?

Music publishers work for musicians, songwriters and composers. They are responsible for licensing the intellectual property of their clients and ensuring that royalties are collected. Royalties are earned in various ways, including each time a song is downloaded on iTunes, sold on an album, reproduced in a live concert or played on the radio, a television show, in a movie or through other media outlets.

Industry Products
Mechanical royaltiesPerformance royaltiesSynchronization royalties
 
Industry Activities
Registration and administration of music copyrightsCollection of royalty paymentsSheet music publishingProviding advances against future income


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