Press release
Music Publishing Market Forecast (2024-2030): Expected to Reach US$ 10.58 Billion by 2030
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐMusic publishing involves acquiring rights to musical compositions from songwriters, composers, and other copyright holders, and licensing these works for various uses. Core revenue streams for music publishers include royalties derived from mechanical, performance, synchronization, and digital sources. Beyond revenue collection, music publishing encompasses activities such as catalog management, song acquisition, and the enforcement of copyright protections. A pivotal role of music publishers is ensuring that musicians and composers receive appropriate compensation when their works are utilized commercially. This entails transferring copyrights to a publishing entity under a formal agreement.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/105765/
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ก๐ข๐๐ญ๐ฌ
The music industry has witnessed significant transformation over the past decade. The rise of streaming services such as Spotify and Pandora has catalyzed a decline in physical music sales, reshaping the industry's revenue structure. Despite this shift, an increase in the number of emerging artists globally, coupled with technological advancements, has fueled the demand for specialized music publishers. Musicians and composers are increasingly seeking tailored solutions for managing copyrights, licensing, and related complexities, driving sustained demand for music publishing services.
๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐ข๐๐๐ง๐ฌ๐ข๐ง๐ ๐๐ก๐๐ง๐ง๐๐ฅ๐ฌ
New licensing channels are broadening revenue streams for creators of music intellectual property (IP). Platforms such as TikTok, Triller, and fitness-focused services like Peloton have started securing music IP licenses, opening new growth avenues for rights holders. A notable example is the 2021 licensing agreement between the National Music Publishers Association (NMPA) and TikTok. This platform, boasting over 700 million global users and 100 million U.S.-based users, highlighted the industry's shift toward digital-first licensing strategies.
The licensing deals signed by platforms like Facebook and Peloton are relatively recent but signal an expanding revenue potential for music IP owners. Such agreements are expected to continue driving growth throughout the forecast period.
๐๐ก๐ข๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ซ๐๐๐๐ซ๐๐ง๐๐๐ฌ
The inclination of consumers towards licensed music has bolstered revenue generation within the music and entertainment sectors. Additionally, the ability to enforce copyrights, establish contracts, and facilitate business arrangements provides lucrative opportunities for both artists and publishers.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://www.maximizemarketresearch.com/request-sample/105765/
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Performance
Digital
Synchronization
Mechanical
Others
Digital: Representing the largest market share in 2023, the digital segment is expected to maintain its dominance due to the continuous integration of technological advancements. The widespread use of voice-activated smart speakers, which saw a 22% increase in ownership in 2023, further highlights this trend.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Commercial
Common Weal
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
Market Report Music Publishing provides an elaborate examination of the Music Publishing commercial, where a study about Music Publishing markets and their segments is included. The data comes from primary as well as secondary research approaches. The variety of sources, including trade magazines, government publications, company websites, market assessments, industry reports, annual reports, and databases, are used to gather secondary data. The valuation of the Music Publishing market for Product and geographic segments is given based on current market trends and conditions. The most recent development in the industry and the future market overview give recognition to its recent advancements. It brings a deep analysis, including market size and forecast, trends, growth drivers as well as challenges faced by Music Publishing Market.
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/105765/
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
North America emerged as the leading region in the Music Publishing Market in 2023, driven by the adoption of digital music distribution and the presence of major industry players, including Warner Music Group, Universal Music Group, and Sony Music Publishing. In 2023, revenue from music publishing in the region was USD 3.76 billion, supported by robust performance rights revenue, which made up 54.6% of total revenue.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Sony/ATV Music Publishing LLC
2. Universal Music Publishing Group
3. Warner/Chappell Music Inc.
4. BMG Rights Management
5. Disney Music Group
6. Broadcast Music, Inc.
7. Avatar Publishing Group
8. Criterion Music Corporation
9. Super Cassettes Industries Private Ltd.
10. Mass Appeal India
11. Kobalt Music Publishing
12. Downtown Music Publishing
13. Concord Music Publishing
14. Atlas Music Publishing
15. Wixen Music Publishing.
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The global Music Publishing Market is on a trajectory of steady growth, driven by the evolution of streaming services, emerging licensing platforms, and changing consumer preferences. While copyright enforcement remains a challenge, the market's adaptability in embracing new revenue models positions it for sustained expansion through 2030. The analysis outlined in this report is intended to support stakeholders in understanding the market's complexities and guiding strategic decisions.
๐๐๐๐๐ข๐ฏ๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.maximizemarketresearch.com/market-report/global-music-publishing-market/105765/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Music Publishing?
What is the growth rate of the Music Publishing Market?
Which are the factors expected to drive the Music Publishing market growth?
What are the different segments of the Music Publishing Market?
What growth strategies are the players considering to increase their presence in Music Publishing?
What are the upcoming industry applications and trends for the Music Publishing Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Music Publishing Market?
Who are the leading companies and what are their portfolios in Music Publishing Market?
What segments are covered in the Music Publishing Market?
Who are the key players in the Music Publishing market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ก๐๐ฆ๐๐ฌ:
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๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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