2019 Music Publishers Market Research Report
Over the past 3 years, the Music Publishers industry in the U.S. has averaged annual growth of 6.9% to reach $5.7 billion in revenue. The 2019 Music Publishers Market Research Report is an in-depth evaluation of the industry in the United States.
The Music Publishers industry includes companies primarily engaged in acquiring and registering copyrights for musical compositions in accordance with law and promoting and authorizing the use of these compositions in recordings, radio, television, motion pictures, live performances, print, or other media. Companies in this industry represent the interests of the songwriter or other owners of musical compositions to produce revenues from the use of such works, generally through licensing agreements. These companies may own the copyright or act as administrator of the music copyrights on behalf of copyright owners. Publishers of music books and sheet music are included in this industry.
The report is based on extensive and comprehensive business surveys and is utilized for a range of strategic purposes, including benchmarking, due diligence, cost-cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report includes over 100 insightful data sets, such historical and forecasted industry sales, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, revenue per employee, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
Below are select highlights from the report:
In 2018, industry sales were $5.7 billion
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Over the past 3 years, the industry has grown at an annual rate of 6.9%
The report has historical, annual and forecasted growth rates
There are 696 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company were $7.4 million
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INFLATION & PRICING
2019 forecasted inflation is 3.2%
The report has historicals, 4 years of monthly figures, and the 5-year forecast
For unprofitable companies, the average net loss is -9.8%
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Employee productivity is $830,351
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2.2% of expenses are spent on health insurance
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In 2018, industry operating expenses grew 2.8%
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In 2018, payroll per employee was $83,838
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PAYROLL BY STATE
California averages $85,447 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
13.5% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $18.77
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The above highlights represent a small fraction of what you will find in this report.
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