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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 | Jul 2014

Change of tempo: Digital media and increased piracy prevention will aid revenue growth

IBISWorld’s Music Publishing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 09-14
-3.2%
Annual Growth 14-19
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Profit
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Employment
5,975
Businesses
760
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 Analysis Chapter

Music is more accessible to consumers today than ever before. Songs and albums can be heard over the radio, on the internet, in advertisements, in movies and on TV shows. The amount the owners of these songs get paid when their song is played is central to the performance of the Music Publishing industry. The most noteworthy characteristic of the industry is its resilience during a time when other music industries are facing near collapse. Music publishing has been far more resilient to the digital technology boom than the broader music industry, benefiting from music publishers' ability to target digital and mobile media outlets as new sources of licensing and, therefore, revenue... 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, in 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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