Industry Analysis & Industry Trends
Revenue in the Global Music Production and Distribution industry fell over the five years to 2015 because many of the industry's largest companies have failed to leverage a crop of potential new revenue streams to compensate for the extreme drop in physical album sales over the past five years. Unfortunately, over the five years to 2020, industry revenue is expected to continue contracting, and music companies' performance over this period hinges on their ability to embrace new technology... read more
Industry Key Buyers
The Global Music Production and Distribution industry carries a market share concentration level. The top three firms are expected to account for 71.1% of industry revenue. The big three are Vivendi (which owns Universal Music), Sony Entertainment (once a joint venture by Sony and German entertainment giant, Bertelsmann AG, known as Sony BMG, now owned wholly by Sony), and Time Warner (which owns Warner Music). EMI was recently acquired by Universal Music.
However, the increasing power of the internet is having a profound effect not only on the revenue-making capacity of these large companies, but their impact on the industry in general. While still responsible for generating nearly two thirds of industry revenue, the big players are losing both revenue and influence... read more