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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 10-15
0.5%
Annual Growth 15-20
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Profit
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Employment
5,508
Businesses
761
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 - Industry Products Chapter

Music publishers earn revenue from licensing the right to use an artist's songs. Operators in this industry acquire the copyrights (or a share of the copyrights) of musical compositions or enter into agreements to administer copyrights (or a share of copyrights). Revenue is derived from these compositions by licensing them for inclusion on records, film, TV and other media. In return for providing these services, companies are entitled to a percentage of the royalty income, which varies from contract to contract. Revenue is derived from four main types of royalties.

Mechanical royalties

Mechanical royalties describe revenue derived from audio compositions, including tape recordings, music videos, ringtones, digital songs and music used in other recorded items... 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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