Industry Analysis & Industry Trends
Diminished disposable incomes during the recession, combined with competition from free digital substitutes for sheet music, have reduced spending on the industry. Online sales also enabled consumers to shop around for the cheapest sheet music, further hampering revenue during this time. As disposable income rebounds in the coming years, publishers are expected to achieve greater success in drawing consumers back into the fold. Nonetheless, this growth will only balance out the limited funding expected for music programs as governments crunch down on the deficit in the next several years... purchase to read more
What is the Sheet Music Publishers industry?
This industry primarily publishes sheet music, songbooks and digital sheet music. Educators, students, musicians and hobbyists use the industry’s products. Companies publishing digital sheet music exclusively are excluded from the industry... purchase to read more