Major Label Music Production in the UK - Industry Market Research Report
Description
Major Label Music Production in the UK
Over the five years through 2023-24, industry revenue is expected to increase at a compound annual rate of 0.9%, including revenue growth of 1% in the current year, to reach £1.3 billion. The industry was not significantly affected by the pandemic, due to growing demand for music streaming services. Industry profit is expected to expand over the five years through 2023-24 to reach 9.8%, supported by the growing popularity of streaming services, enabling content to be distributed at lower costs.
Major record labels find musical talent, record their work and sell 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.
Over the five years through 2023-24, industry revenue is expected to increase at a compound annual rate of 0.9%, including revenue growth of 1% in the current year, to reach £1.3 billion. The industry was not significantly affected by the pandemic, due to growing demand for music streaming services. Industry profit is expected to expand over the five years through 2023-24 to reach 9.8%, supported by the growing popularity of streaming services, enabling content to be distributed at lower costs.
Major record labels find musical talent, record their work and sell 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.
Table of Contents
44 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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