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