Industry Analysis & Industry Trends
Revenue in the Global Music Production and Distribution industry fell over the five years to 2013 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 2018, industry revenue is expected to continue contracting, and music companies' performance over the next five years hinges on their ability to embrace new technology... read more
The industry is dominated by firms based in the United States and Europe. Nearly three-quarters of revenue in the industry is located there, with North Asia - comprising Japan and South Korea - the only other region with a meaningful share of revenue.
Many of the industry's largest players are headquartered in the United States and most earn the bulk of their revenue in the United States. The United States comprises 42.3% of total industry revenue, which is 93.5% of the North American region's revenue. The United States is worth 31.2% of global retail music sales, but it is in the publishing segment where the country truly dominates... read more