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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 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
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 SWOT Analysis Chapter

The Music Publishing industry is in the mature phase of its life cycle. The job of a music publisher is to exploit music copyrights and generate royalty revenue through contractual relationships with songwriters, composers and recording artists. Promoting songs, supervising the collection and payment of royalties, and placing songs in movie and TV soundtracks and commercials allows for the development of multiple and recurrent revenue streams. In the 10 years to 2018, industry value added (IVA), a measure of the industry's contribution to the overall economy, is forecast to decline at an annualized rate of 0.7%, compared to GDP growth of 2.1% per year on average during the same period... 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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