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 | Dec 2014

Out of sync: The industry remains off-key due to music piracy and falling record sales

IBISWorld’s Sound Recording & Music Publishing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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
Annual Growth 10-15
Annual Growth 15-20
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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 interference that has disrupted the music retailing industry weighs on demand and profit margins.

Over the five years through 2014-15, revenue is expected to remain flat, with the industry estimated to be approximately the same size in terms of revenue in the current year as it was five years earlier... purchase to read more

Industry Report - Industry Investment Chapter

Expenditure on wages accounts for a larger portion of revenue than capital expenditure. Depreciation is expected to account for 2.6% of industry revenue in 2014-15, while labour costs are forecast to account for an estimated 7.6%. The capital-to-labour ratio of the industry is 0.34:1, meaning that for every £1.00 spent on wages, 34p is spent on capital.

The music publishing business requires minimal physical capital expenditure as it is primarily a service-based industry. Publishers negotiate agreements with record artists and songwriters and draft music user licences with other organisations. They then track and collect royalties on the use of music and distribute funds to artists and songwriters. Public relations and promotion activities are also labour intensive... 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 music. Publishers either own the copyright or act as an administrator of the music copyrights on behalf of the copyright owners. Amateur recording is excluded.

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 musicProducing commercial messages for radio

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