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 Research and Markets
August 09, 2010 12:30 PM Eastern Time 

Research and Markets: US Music Production and Distribution Report: Top 8 Companies such as Universal, Sony, EMI and Warner Account for 80% of the $15 Billion Annual Industry Revenue

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5ba932/music_production_a) has announced the addition of the "Music Production and Distribution" report to their offering.

The US music production and distribution industry includes about 3,700 establishments with combined annual revenue of about $15 billion. Major companies include Universal Music Group, Sony Music Entertainment, EMI, and Warner Music Group. The industry is highly concentrated: the top eight companies account for 80 percent of industry revenue.

COMPETITIVE LANDSCAPE

Demand is driven by consumer spending. The profitability of individual companies depends on discovering and promoting new musical talent and generating revenue from the companys asset base of recordings and publications. Large companies have advantages in marketing and distribution. Smaller companies, referred to as indies, compete by focusing on artists within local markets or music genres. The industry is capital-intensive: average annual revenue per employee is about $550,000.

PRODUCTS, OPERATIONS & TECHNOLOGY

The major products of the industry are musical recordings (70 percent of revenue) and the publication of lyrics and musical scores (20 percent). Other products and services include the production of master recordings, the manufacture and packaging of physical CDs, and the production of databases to distribute downloads of recordings.

Major studios have musical artists singers, rappers, and musicians under contract to produce recordings that are either marketed as standalone products or combined with other recordings as albums. The studios then promote the new recordings by sponsoring concert tours; providing music to radio stations to play on air; and advertising via radio, TV, print, and the Internet.

Key Topics Covered:

Industry Overview

Quarterly Industry Update

Business Challenges

Trends AND Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Website and Media Links

Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/research/5ba932/music_production_a

Source: First Research

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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