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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

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
£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 Analysis Chapter

The Sound Recording and Music Publishing industry encompasses a range of businesses active in the UK music industry. These businesses are being affected by a number of micro trends. The whole industry is facing challenges related to the different ways listeners discover, consume and share music in the digital age. Over the past five years, the music industry has been settling into a new groove brought about by the growth of digital music, which has caused physical record sales to decline. The effect on the end market has been dramatic, with several large music retailers in the United Kingdom closing down.

Record companies and music publishers have begun to adapt to the changing marketplace, but recording studios are still suffering... 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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