Industry Analysis & Industry Trends
Listening up
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.
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Industry Report - Industry Locations Chapter
In general, one would expect that industry establishments be spread throughout the United States in line with the distribution of the population. However, analysis shows that the industry is highly skewed toward certain regions. For instance, on a per-capita basis, there are disproportionately more establishments located in the West and the Mid-Atlantic, and to a lesser extent in the Southeast.
West and Mid-Atlantic dominate
The West has 28.9% of industry establishments and 17.0% of the US population, a huge 12.5% discrepancy. California alone has 27.4% of industry establishments and 12.2% of the US population... purchase to read more