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 2014-15, revenue is expected to remain flat, with the industry estimated to be approximately the same size in terms of revenue in the current year as it was five years earlier... 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 medium. The industry is characterised by several large players that operate throughout the greater entertainment industry and a high number of small businesses. In 2014, the Office for National Statistics estimated that 92.6% of all companies in the industry employ fewer than five people. There are very few mid-size firms and a small number of market leaders. The top four companies in the industry are expected to account for 66.1% of industry revenue in 2014-15. The level of concentration has increased very recently as EMI, formerly one of the largest companies, was split between Universal, Warner and Sony... purchase to read more