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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 | Dec 2013

Change of tempo: Digital media and changing tastes will force publishers to shift focus

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
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 08-13
-3.8%
Annual Growth 13-18
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Profit
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Employment
4,294
Businesses
771
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

 


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, 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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