Music Production, Publishing & Distribution

Music Production, Publishing & Distribution

Overview

The 3,400 companies in the sound recording industry in the US produce and distribute musical recordings, publish music, and provide sound recording and related services. Recorded music companies, also known as record “labels,” generate revenue through the sale of physical products (CDs, vinyl albums) and digital products (downloads, streaming). Distributors generate revenue through wholesale sales of music to online and brick-and-mortar stores. Music publishers generate revenue from royalties received through the exploitation of musical compositions, which include licenses to reproduce and perform music.

Music Piracy

Piracy is one the music industry’s most serious issues and significant source of lost revenue.

Streaming Dominates

Streaming now dominates the global music industry, with both share and sales growing rapidly.