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 Locations Chapter
Los Angeles and New York City dominate
The West has 33.2% of industry establishments and 17.2% of the US population. The West leads the country in total publishing establishments, although the vast majority of these establishments are located in Los Angeles. As a result of the enormous media and entertainment market that exists in the Los Angeles metropolitan area, California alone has 31.0% of industry establishments despite its comparatively small 12.2% of the US population.
The only other location containing such a high concentration of industry establishments is the state of New York, where a similarly large media and entertainment presence in New York City contributes substantially to the state's 20.3% share of total establishments... purchase to read more