• <th id="oxmkd"></th>
  • <source id="oxmkd"><li id="oxmkd"></li></source>
    <code id="oxmkd"><menu id="oxmkd"></menu></code>
  • <mark id="oxmkd"></mark>
  • <th id="oxmkd"><td id="oxmkd"></td></th>

    <pre id="oxmkd"><em id="oxmkd"><track id="oxmkd"></track></em></pre>

    Music Production & Distribution Industry Profile

    Report Page Length: 10-12
    Last Quarterly Update: 4/26/2021
    SIC Codes: 3652, 8999
    NAICS Codes: 5122
    Chapters Include:
    Industry Overview Trends & Challenges Industry Forecast
    Quarterly Industry Update Call Prep Questions Website & Media Links
    Business Challenges Financial Information Glossary & Acronyms
    View Full Sample Add To Cart

    Excerpt from Music Production & Distribution Industry Profile

    Companies in this industry produce, sell, and license musical recordings; they may also own and license musical copyrights. Major companies include Sony Music Entertainment, Universal Music Group, and Warner Music Group (all based in the US), as well as Avex (Japan); Edel (Germany); and GMM Grammy (Thailand). Music streaming services from companies such as Amazon and Apple (both based in the US); and Spotify (Sweden) are increasingly important to the industry.

    Global streaming revenue grew by about 23% driven by paid streaming with about 341 million people subscribe to music streaming services, according to International Federation of the Phonographic Industry (IFPI). Digital channels account for more than half (54%) of global industry revenues. The US is the world's largest recorded music market by sales, followed by Japan, the UK, Germany, and France.

    The US music production and distribution industry includes about 6,710 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $20 billion.

    COMPETITIVE LANDSCAPE

    Demand is driven by consumer spending. The profitability of individual companies depends on discovering and promoting new musical talent and generating revenue from the company’s asset base of recordings and publications. Large companies have advantages in marketing and distribution. Smaller companies, many of which are independent record labels (often referred to as “indies”), can compete effectively by focusing on artists within local markets or music genres. The US industry is highly concentrated: the ...

     
    View Full Sample Add To Cart Return to the Industry Profile Menu

    Related Profiles

    Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

    Learn More About Subscription Options
     
    www,小明,com/_视频二区 亚洲 欧美_大香蕉伊人综合在线33