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 2014-15, revenue is expected to expand at a compound annual rate of 0.1%... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has moderate barriers to entry. Capital investment requirements are moderate, however, competition is high and the dominance of existing players may be a deterrent to potential operators. There is a low level of capital investment needed to start a business in music publishing. Capital costs are higher for sound recording studios, which must invest in equipment and be prepared to upgrade it as technology advances. High-end recording equipment can cost millions of pounds. Usually only the larger players in the industry invest in this technology, while smaller players purchase less expensive, analogue recording equipment, or use freely available sound recording software... purchase to read more