The Big Four labels have been vulnerable mainly to consumers' decreasing valuation of digital media. As a result, they have overhauled their business models, cut costs and shifted resources to improve profit margins and capitalize on emerging trends. Over the next five years, labels will benefit from cost-cutting measures, new revenue streams and improvements in consumers' disposable incomes.
Record labels are responsible for finding musical talent, recording their work and selling it to retail outlets. Major labels’ ability to distribute the physical media and oversee comprehensive publishing operations, produces the fundamental difference between independent and major labels. Major labels also have deeper and broader talent rosters.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.