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Music Publishing in the US
IBISWorld, July 2011, Pages: 39
Moving to the beat: Digital media and changing tastes will force publishers to change strategies
Music Publishing in the US
Listening up
Music publishers fared well during the recession, but the rise of digitally distributed music is forcing many operators to evolve. Facing rising competitive pressure, the music industries are becoming more flexible, adapting business models in order to meet consumers' rapidly changing needs. Publishers and labels have adjusted by pursuing innovation and shifting policies. As a result, revenue is expected to rise modestly over the next five years.
Music publishers work for musicians, songwriters and composers. They are responsible for licensing the intellectual property of their clients and ensuring that royalties are collected. Royalties are earned each time a song is downloaded on iTunes, sold on a CD, reproduced by another artist or played on the radio, a television show a movie or other media.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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