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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 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 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 SWOT Analysis Chapter

The Sound Recording and Music Publishing industry is in the growth stage of its life cycle. The music sector as a whole has gone through some tough times due to the long-term decline of physical sales. Nevertheless, streaming services and digital downloads have allowed the industry to expand at an impressive rate over the past five years. The crackdown on music piracy and the closure of a number of illegal file-sharing sites has put pressure on the black market and increased margins for digital downloads. Additionally, the popularity of streaming services has benefited operators, bringing higher margins than simple downloads. This has reshaped the industry and encouraged revenue and profit growth. Ind.. 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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