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 Products Chapter
Music publishers earn revenue from licensing the right to use an artist's songs. Firms 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, firms 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 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