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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 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 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 SWOT Analysis Chapter

The Music Publishing industry is in the mature phase of its life cycle. The primary goal of a music publisher is to use music copyrights to 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 2020, industry value added (IVA), a measure of the industry's contribution to the overall economy, is forecast to increase at an annualized rate of 0.7%, compared to GDP growth of 2.5% per year on average during the same period... 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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