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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 | Oct 2015

Off-key: The constant decline of record sales recently has taken its toll on the industry

The Sound Recording & Music Publishing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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
£2bn
Annual Growth 11-16
1.4%
Annual Growth 16-21
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Profit
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Employment
7,805
Businesses
2,897
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 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 49.6% of industry revenue in 2015-16. Sales of physical records, such as CDs and LPs, account for about 49% of total recorded music sales. This leaves just over half of sales accounted for by digital download sales and revenue from subscription streaming. The British Phonographic Industry (BPI) reported that 11.5 billion songs were streamed from legal sites, such as Spotify, Deezer and Google Play, in the first half of 2015, an increase of 80% on the previous year. In terms of the types of products sold, the majority of revenue from music sales is generated by album 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 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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