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Sound Recording & Music Publishing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Sound Recording & Music Publishing Market Research Report | SIC J59.200 | Feb 2014

Reaching a crescendo: Firms must conduct business online to target new digital platforms

IBISWorld’s Sound Recording & Music Publishing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Sony Corporation Sony Corporation market share
Vivendi SA Vivendi SA market share
Warner Music Group Warner Music Group market share
Industry Statistics & Market Size
Revenue
£1bn
Annual Growth 09-14
1.9%
Annual Growth 14-19
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Profit
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Employment
7,736
Businesses
2,699
Industry Analysis & Industry Trends

The UK Sound Recording and Music Publishing industry produces, promotes and distributes original sound recordings and manages rights for compositions. In addition to being sold in physical and digital form, music produced or copyrighted by the industry is used in a variety of media, including films, TV programmes and video games. The industry encompasses a range of interlinked businesses in the UK music industry, all of which are in a state of flux as the headwinds that have battered the music retailing industry weigh on demand and profit margins.

Over the five years through 2013-14, revenue is expected to have increased at a moderate compound annual rate of 1.9%... purchase to read more

Industry Report - Industry Products Chapter

Recorded music

The recorded music segment encompasses the distribution and sale of recorded music in physical and digital formats. IBISWorld expects revenue from the sale of recorded music to account for 53.6% of industry revenue in 2013-14. Sales of physical records, such as CDs and LPs, account for about 52% of total recorded music sales. The remaining 48% incorporates digital download sales and revenue from subscription streaming. The majority of revenue from music sales is generated by album sales. Album sales account for almost three-quarters of revenue from music sales at the retail level. The overall segment has continued to grow over the past five years as digital revenue has compensated for the decline in physical music sales... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Sound Recording & Music Publishing Industry?

Firms in this industry produce original sound master recordings such as CDs and promote and distribute them to wholesalers, retailers and consumers. Music publishers acquire and register copyrights for compositions; promote, authorise and use compositions in recordings, TV, and various other media; and publish music and sheet books. Publishers either own the copyright or act as administrator of the music copyrights on behalf of the copyright owners.

Industry Products
Music publishing Recorded musicRecording studiosOther services
 
Industry Activities
master copies for records or audio materialSound recording and recording of books on tape or CDPublishing pre-recorded sound and videodiscs or other media formatsPublishing music and sheet booksProducing commercial messages for radio


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