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 2015-16, revenue is expected to increase at a compound annual rate of 1.4%, with the industry estimated to be worth £1.6 billion in the current year. Revenue is expected to contract by 1.4%... purchase to read more
Industry Report - Industry Locations Chapter
Industry establishments for the Sound Recording and Music Publishing industry are highly concentrated in London and, to a lesser extent, the South East region. Higher population density and the location of other creative industries are both factors in the locations of business.
London and the South East
London contains 51% of all industry locations, with a further 14.7% located in the surrounding area of the South East. Both regions are characterised by much higher than average proportions of the population, according to latest estimates from the 2011 census. London is home to approximately 13% of the population and the South East to 13.7%. London is also a cultural centre, and draws talent from the surrounding regions of the United Kingdom (and even abroad)... purchase to read more