The headline is that global recorded music revenues (so, not including publishing or live music) grew by 11.4% to $21.5bn. Global Book Publishing industry statistics. (No women.) This is not a time to hide your head in the sand! Music publishing sync revenue was flat, despite the impact from Covid, as a … Global Music Publishers products and services include administration of copyrights and publishing of musical works and compositions. The Music Revolution should bring these developments to every musician! Global Music Publishing industry market professional research 2014-2024, is a report which provides the details about industry overview, industry chain, market size (sales, revenue, and growth rate), gross margin, major manufacturers, development trends and forecast. }. Do something! Global Music Publishing Market Overview by Innovation in Media, Growth Revenue, Demand, Trends, Company Profiles, Business Opportunities & Outlook 2019 to 2025 Australia, a top 10 market, recorded growth of 6.0% with neighbouring New Zealand posting an increase of 13.7%. Published by Statista Research Department, Jan 8, 2021 In 2018, preliminary estimates suggested that the total revenue of the global music industry amounted to 53.77 billion … Wearable and wireless technology are trending solutions in the music publishing market. The headline figure: global recorded music revenues grew by 8.2% to $20.2bn in 2019, fuelled by streaming, which for the first time accounted for more than half of the total. . Worldwide Music Publishing Revenues were $5.6 billion in 2019 are projected grow to $6.0 billion by 2020 Source: IFPI 2019 Four companies account for the majority of music publishing revenues: Fair, unbiased, ad free, music media. Talk to your favorite music news site and ask why they won’t talk about the music revolution. Global Music Publishing Market Size and Growth Estimation in Various Scenarios in 2020. Why Songtrust; Who Uses Songtrust. Toggle navigation Solutions The major 3 make the art, distribute it, promote it on the media outlets they own, and then give themselves great reviews. Nowadays, the main function of a music publisher is much complicated and extensive as an effect of technological changes. Growth in overall revenues also slowed from $1.7 billion in 2018 to $1.5 billion in 2019. United States will still play an important role which cannot be ignored. An increasing number of concerts and live performances worldwide … 1. Moreover, streaming contributes 38.4% of global music publishing market revenues. Australasia grew by 7.1% with overall digital revenues rising 11.6% and physical format revenues falling 20.4%. Physical sales continued their long decline, but at a slower rate — 5.3% — than in 2018. Variety and the Flying V logos are trademarks of Variety Media, LLC. The report provides a comprehensive analysis of the Music Publishing industry market by types, applications, players and regions. Music revolution Here is a summary of the Music Revolution; 3 old men control 80% of music. 2019 Regional Highlights, per IFPI, include: For the fifth consecutive year, Latin America was the fastest-growing region (+18.9%) with its three largest markets growing strongly: Brazil (+13.1%); Mexico (+17.1%); and Argentina (+40.9%). According to my estimates below, again based on corporate data from Vivendi, Sony Corp., and WMG, the three music-publishing companies worldwide generated $3.23 billion … There is a music revolution going on and you can decide which side you want – the side with 3 CEOs that control 80% of the music business and the music media, or all the rest of us. 22 Number of Music Tourists 24 Music Tourist Spend 25 Music Tourism Jobs 26 ... on producing global superstars. In a Music Business World Wide article[1], music industry analyst Will Page calculated a value of US $11.34bn for the global music publishing market in 2014. 3.1.1 Global Music Publishing Revenue by Manufacturers (2013-2018) 3.1.2 Global Music Publishing Revenue Market Share by Manufacturers (2013-2018) 3.1.3 Global Music Publishing Market Concentration Ratio (CRChapter Five: and HHI) 3.2 Music Publishing Key Players Head office and Area Served 3.3 Key Players Music Publishing Product/Solution/Service For 2019, total revenues for the global recorded-music business grew by 8.2% to $20.2 billion, with streaming revenue growing 22.9% to $11.4 billion — accounting for more than half of total revenue for the first time, at 56%. Most money goes to a few over promoted aging pop stars. Europe, the world’s second-largest region, grew 7.2% – after being almost flat in 2018 – with UK (+7.2%), Germany (+5.1%), Italy (+8.2%) and Spain (+16.3%) reporting strong growth. Music publishing market is majorly driven by the growing entertainment and media industry across the globe.The music publishing market is driven by the monetary as well as publicity benefits offered to the music composers by companies.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. The industry’s global paid streaming revenue haul was up 24.1% year-on-year, says IFPI – suggesting that it grew from approximately $6.83bn in 2018 to $8.48bn in 2019. Alongside writing, he is also a passionate reader and an English teacher for ELL students. The latest report from the investment bank – dubbed ‘Music In The Air’ – comes nearly two years after Goldman Sachs predicted global revenue from paid music streaming alone will hit $28 billion in 2030. The number comprises of US $7.55bn for the collection of performance fees, US $1.32bn for mechanical collections and US $0.35bn for private copying collections by CISAC[2] members and US… Sony acquired an approximate 60% of the interest in EMI MP in November 2018. Artists, labels, and publishers are cashing in on the growing popularity of streaming platforms like Spotify and Apple Music – and consumers are signing up for subscriptions like never before.“. The publishing/songwriting segment of the worldwide music business in the same 12 months generated $11.338bn. ; Creator Reps Managers and lawyers connect with the most extensive, accessible publishing network in the industry. Asia saw overall growth of 3.4%, a slower rate of growth than 2018, but this was largely due to Japan (-0.9%), which saw a decline in physical sales (-4.8%), its dominant format. Also, the risk factors which will have a significant impact on the Global Music Publishing industry in the coming years are listed in this report. By 2030, that number will reach 10%. According to the investment bank, live music revenue totaled $26 billion in 2017. This music revolution is opening the doors to thousands of musicians, and lots of new music in every style. In the face of a global tragedy, the music community has united behind efforts to support those affected. Apple Music and Spotify are in the trenches of the "streaming wars" -- and Apple is fighting for every inch. Toggle navigation Solutions Music Publishing Market Size And Forecast Music Publishing Market was valued at USD 5.44 Billion in 2018 and is projected to reach USD 8.15 Billion by 2026, growing at a CAGR of 5.44% from 2019 to 2026. And second, when you combine music publishing with the total (all formats) recorded-music numbers from the Big Three, you learn that — across Universal Music Group, Sony Music … 4. “The Global Music Report we issued today covers results for 2019 and reflects the successful work and investment of music creators – from record companies to artists and beyond. Recorded music revenue totaled $30 billion. That means Midia is estimating $1.3bn more global revenues in 2019 than the IFPI is reporting, with Midia’s total including $873m of ‘artists direct’ revenue … Global music publishing industry is highly concentrated in nature as well-established leading manufacturers accounted for more than 70% of overall market share. Why Songtrust; Who Uses Songtrust. Oscars Predictions: Best Picture – Is ‘Sound of Metal’ Peaking at the Perfect Time? Fair guaranteed reviews for all recordings. 2020 though looks set to be a year of revenue decline. Surprisingly, ... the global publishing revenue. Key takeaways from a recent report which assembles, for the first time, the global market revenue and percentage share of the independent music publishing sector. If the economy recovers in 2021, recorded music revenue will return to growth also. Breaking down the proportion of people who stream music on their smartphones, 18% used music streaming platforms in developed markets last year. It seems that cooldown will inevitably continue, even though, as Spotify noted in its recent earnings report, streaming and recorded music are less susceptible to the devastating impact the pandemic has had on the live-entertainment business. The global music publishing market size is valued at USD 4.59 billion in 2018, and it is expected to grow USD 4.6 billion with a growing CAGR of 6.13% during the forecast period. 41% of paying users consider this very important. Other players accounted for 13.72 %, 13.21 % and 11.97 % including Sony/ATV Music Publishing, Warner Music Group and BMG Rights Management. Music sales have barely caught up to those of 1999! Royalties from digital sources jumped 29% to €1.64 billion, thanks to rapid global expansion of music and subscription video on-demand (SVOD) services. That’s bad for everyone. He dedicates his spare time to raising his three baby girls. Canada, which was largely flat the prior year, increased by 8.1%. The global music copyright business was worth $24.37 billion in 2015 , growing by approximately $941 million (or 4% overall) from the year before, according to a report put together by Spotify Director of Economics, Will Page, and Music Business Worldwide. . © Copyright 2021 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. There are four group of companies that hold the largest market share in the Global Music Publishing Market. 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Global music publishing industry is highly concentrated in nature as well-established leading manufacturers accounted for more than 70% of overall market share. The global Music Publishing market is valued at 4329.50 million USD in 2017 and is expected to reach 6943.14 million USD by the end of 2025, growing at a CAGR of 6.08% between 2018 and 2022. 2. display: none !important; The music industry is also subject to reductions in advertising spending that are happening worldwide. Discover Our Products It’s our responsibility to build a future where all songwriters, artists and creators get paid fairly and trust the music industry. With the devastating impact of the coronavirus pandemic on the global economy, any look back at 2019 financial performance feels like an exercise in nostalgia, but the data released by the International Federation of the Phonographic Industry on Monday shows that the streaming boom’s impact on recorded-music revenues was already starting to level off. 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What is particularly noteworthy is that all three components to our figure (recorded music, publishing and CMO collections) grew at broadly the same rate over the 12 months. Lift a finger, literally, and LIKE your favorite songs and videos. The growth was powered by a 24.1% increase in paid subscription streaming with nearly all markets reporting growth. Table 10. Music publishing revenue was up 2.2% year-on-year (3.1% at constant currency) at $657 million. Table of Contents 1 Music Publishing Market Overview 1.1 Product Overview and Scope of Music Publishing 1.2 Classification of Music Publishing by Types 1.2.1 Global Music Publishing Revenue Comparison by Types (2019-2024) 1.2.2 Global Music Publishing Revenue Market Share by Types in 2018 1.2.3 Performance 1.2.4 Digital 1.2.5 Synchronizatio Global Book Publishing industry outlook (2019-2024) poll Average industry growth 2019-2024: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. global music publishing income. Global Music Publishing Revenue Market Share by Regions (2020-2025) Table 9. Thus, even as estimates of the value of the global music industry soared over the past three years — with the world’s largest music company, Universal Music, being valued at $33 billion as part of its sale of 10% to Tencent last year — the streaming-powered surge had begun to cool off, even as the major labels expanded into newer markets in Asia and Africa. That number will more than double to 37% by 2030. In total, global music revenue totaled $62 billion. Importantly, the strong foundation we built over the past several years helped deliver growth in 2019,” said Frances Moore, chief executive of IFPI, in a statement accompanying the report. In the past few years, the Music Publishing market experienced a growth of, the global market size of Music Publishing reached million USD in 2020, of what is … Creators Songwriters, producers and creators collect royalties globally from your songs while keeping 100 percent of the rights. The group noted that music streaming could lose its appeal if catalogs become overly restricted or if prices go up. In 2019, revenue generated from Universal Music Group's music publishing segment surpassed one billion for the first time, reaching 1.05 billion euros. Here’s more of what the real future of music will look like. Elsewhere in the region, South Korea, China and India all experienced strong growth, (8.2% 16.0% and 18.7% respectively). Those aged 18-34 spend $163. Overall, people of all ages spend an average of $152 to enjoy their favorite music. The global Music Publishing market report is a comprehensive study that encompasses top manufacturers, prospective market share, revenue, purchaser volume with respect to dealing volume and global segmentation for the Music Publishing industry. Time low and hasn ’ t talk about the music revolution and.. 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