Music Market Research Reports & Industry Analysis
It's common in the music recording industry for compositions to be sold to publishing companies. These publishing entities collaborate with recording artists and studios in order to create music media. The retailers then sell this media to the general public. When consumers purchase the music, the retailers pay the recording company, who then pay the artist and publishing company, who then pays the composer.
Another music industry professional is a promoter, who is hired to assist with live music performances. The promoter works with the recording artist and the owner of venues where the artist will perform. A contract is drawn up between the venue and the artist. The booking agency promotes the artist and gets the live performance setup. Revenue is earned from the ticket purchases by the consumers.
It's common for a recording artist to hire multiple people to assist with his or her career. For instance, a manager oversees the career of the artist and earns a percentage of whatever the artist makes. Lawyers are also hired to help with contract details and financial transactions, taxes and bookkeeping are handled by business managers.
Music Industry Research & Market Reports
-
2022 Global Forecast for Digital Audio Workstation (2023-2028 Outlook)-High Tech & Emerging Markets Report
... The global market is expected to increase from USD xx billion in 2022 to USD xx billion by 2028, at a CAGR of xx% from 2023 to 2028. Estimates on equipment or material sales (product ... Read More
-
Middle East Media and Entertainment Market: Current Analysis and Forecast (2022-2028)
... entertainment industry is undergoing significant transformation. Cultural shifts among the region's young people have spawned considerable traction, and untapped demand for local Arabic content will spur regional media to grow considerably. Also, the increased adoption ... Read More
-
Events Industry by Type (Music Concert, Festivals, Sports, Exhibitions and Conferences, Corporate Events and Seminars, and Others), Revenue Source (Ticket Sale, Sponsorship, and Others), Organizer (Corporate, Sports, Education, Entertainment, and Others), and Age Group (Below 20 Years, 21-40 Years, and Above 40 Years): Global Opportunity Analysis and Industry Forecast 2021–2028
... 20 Years, 21-40 Years, and Above 40 Years): Global Opportunity Analysis and Industry Forecast 2021–2028 The events industry size was valued at $1,135.4 billion in 2019 and is expected to reach $1,552.9 billion by 2028, ... Read More
-
U.S. Events Market by Type (Music Concert, Festivals, Sports, Exhibitions & Conferences, Corporate Events & Seminars, and Others), Revenue Source (Ticket Sale, Sponsorship, and Others), Organizer (Corporate, Sports, Education, Entertainment, and Others), Age Group (Below 20 years, 21–40 years, and Above 41), and Income Level (Upper Class, Upper Middle Class, Lower Middle Class, And Lower Class): Opportunity Analysis and Industry Forecast, 2021–2030
... 20 years, 21–40 years, and Above 41), and Income Level (Upper Class, Upper Middle Class, Lower Middle Class, And Lower Class): Opportunity Analysis and Industry Forecast, 2021–2030 The U.S. events market size was valued at ... Read More
-
Global Music Production Software Market
... is attributed to several macro and microeconomic factors such as Rising number of musicians and artists With the emergence of the Internet and online music applications, the number of musicians and music production software has ... Read More
-
Music Production & Publishing: United States
... services, copyright administration, print music, and other services. To illustrate historical trends, total revenue and the various segments are provided in annual series from 2006 to 2016. A Market Environment section provides pertinent background on ... Read More