The Music Publishing industry has endured challenging conditions over the past five years, which have constrained revenue growth. Technological change has affected industry performance, as high-speed internet connections have shifted consumer preferences towards online music formats, including streaming platforms, online stores, subscription-based services, and smartphone and tablet applications. This shift has increased demand and created new revenue sources, but has simultaneously introduced problems for the industry. Physical music sales have declined significantly and online music piracy has become more prevalent.
Companies in the industry primarily acquire and register copyrights for musical compositions and authorise the use of these compositions on a range of platforms including radio broadcasts, television programs, films, live performances and online formats. The industry also includes companies that produce original master recordings and complete other sound recording activities.
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.
