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 Key Buyers Chapter
The level of market concentration in the UK Sound Recording and Music Publishing industry is classified as high. The industry is characterised by several big players that operate throughout the greater entertainment industry and a large number of small businesses. In 2013, the Office for National Statistics estimated that 92.7% of all companies in the industry employed fewer than five people. There are very few mid-size firms and a small number of market leaders. The four major companies are expected to account for 71.1% of industry revenue in 2013-14. This is a very recent increase in the level of concentration as EMI, formerly one of the largest companies, was split between Universal, Warner and Sony/ATV... purchase to read more