The Major Label Music Production industry is in the midst of an important transition. The industry has endured difficult conditions over the past decade, as illegal music piracy has negatively affected major labels' revenue. In the coming years, the industry will continue to readjust their priorities to meet the standards of the digital marketplace. Industry operators cannot expect to completely eliminate the threat of music piracy, but they will continue to adjust to its existence in order to bolster revenue and return to growth.
Record labels are responsible for finding musical talent, recording their work and selling it to retail outlets. The ability to oversee distribution of physical media and negotiate comprehensive publishing deals separates major labels from smaller independent labels. Major labels also commonly have deeper and broader talent rosters.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.