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

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

  • August 2017
  • 39 pages
  • Ibisworld
Report ID: 168005
Changing its tune: The industry is adjusting its structure to combat the threat of music piracy

Abstract

Major Label Music Production in the US

Prior to the emergence of the internet, the Major Label Music Production industry experienced healthy profit margins and consistent revenue growth from strong physical album sales. As high-speed internet access proliferated throughout the United States, the market for music shifted and record labels struggled to adapt. Currently, the industry is emphasizing streaming platforms, such as Apple Music and Spotify, as legitimate ways to access music.

However, these platforms generate less revenue for record labels than physical album sales and digital downloads. This drastic shift in music consumption has demanded a response, and the largest record labels have taken note of these advancements. As consumers increasingly have access to music wherever they go, industry revenue derived from streaming services is expected to mitigate lost revenue from the sales of physical and digital albums.

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 key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY


MAJOR COMPANIES
Warner Music Group
Sony Corporation
Universal Music Group
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Country=UnitedStates Industry=Music ParentIndustry=Media Date=201708 Topic=MarketReport Publisher=Ibisworld Price=1000