Music Publishing Market
The music publishing industry is currently witnessing a course-altering transformation. With plummeting sales of physical albums, the future lies in the digital space. The report on the music publishing market tracks this evolution of the industry as it enters a new phase of revenue generation. Growth in the music publishing market has been dismal over the past five years, but with the advent of cutting-edge digital technologies and the entry of new artistes in the market, this scenario could change for the better soon. Corporate as well as consumer spending has seen an uptick in recent years, and this could augur well for the music industry.
The report broadly segments the music publishing market on the basis of geographical regions and type of license (reproduction license, synchronization license, public performance license, and folio license). The report on the music publishing market offers a comprehensive overview of the current trends, opportunities, growth factors and restraints. It draws on industry-leading databases to emerge with accurate forecasts for revenues (US$ as well as market CAGR (%)
Major Key Players of the Music Publishing Market are:
Sony/ATV Music Publishing LLC, Universal Music Publishing Group, and Warner/Chappell Music, Inc. The other prominent players include: Broadcast Music, Inc., Avatar Publishing Group, Criterion Music Corporation, and Super Cassettes Industries Private Ltd.
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Overview of the Music Publishing Market
Music publishing is a part of the music industry, and refers to acquiring copyrights of compositions, songs, lyrics, and other artistic works of an individual artiste or band. Music publishing comprises the following functions: Acquiring songs, administering copyrights, exploiting the artistic material to earn revenues, and protecting copyrights. The music publishing market is part of a multibillion-dollar industry, and has evolved remarkably in recent times.
Traditionally, a music publishing company would distribute music compositions via physical products such as cassettes and compact discs. But the last few years have marked a massive change in the way the music publishing industry functions. The sales of cassettes and CDs have nosedived, and this traditional market is being replaced by new revenue sources such as mobile music outlets, digital streaming, wireless music subscription services, and more. With more new songwriters and artists entering the music industry, the demand for music publishers, as well as the services provided by them, is expected to surge palpably.
Major geographies analyzed under this research report are:
- North America
- Rest of the World
This report gives you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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