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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 | Mar 2017

In harmony: the industry has adapted to digital trends and has continued to record robust growth

IBISWorld’s Sound Recording & Music Publishing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 12-17
8.0%
Annual Growth 17-22
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Profit
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Employment
9,525
Businesses
3,334
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 transition phase from CDs, LPs and other physical records to streaming services and digital downloads, though vinyl sales have undergone a recent resurgence.

Over the five years through 2016-17, industry revenue is expected to increase at a compound annual rate of 8% to reach £2.2 billion. Revenue is expected to expand by 4.5% during 2016-17... 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 49.5% of industry revenue in 2016-17.

Sales of physical records, such as CDs and LPs, account for about 41% of total recorded music sales, down from 46% during the previous year. The rapid rise of vinyl sales during the year has prevented this figure from falling further. This leaves over half of sales accounted for by digital downloads and revenue from subscription streaming. The.. 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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