Major Label Music Production in the US - Industry Market Research Report

Amped up: New streaming royalty rates will help major labels make up for lost album sales

Major record labels have finally adapted to the new age. While labels enjoyed strong growth before the Internet, the rise of illegal file sharing and the corresponding decline in album sales pressured the industry over the past two decades. The rapid adoption of streaming services has pushed album sales down even more and challenged major labels who needed to prepare for the fundamental shift to online music streaming. Still, things are on the mend for major labels.

Record labels are responsible for finding musical talent, recording their work and selling it to retail outlets. The ability to oversee distribution of physical media and negotiate comprehensive publishing deals separates major labels from smaller independent labels. Major labels also commonly have deeper and broader talent rosters.

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's key players and their market shares.