Music Publishers - 2024 U.S. Market Research Report with Updated Recession Risk Forecasts
The 78-page 2024 Music Publishers Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2015-2028.
This Kentley Insights report is full of industry insights including historical and forecasted market size, revenue and industry breakdowns by product lines, size of company, concentration segmentation, business structure, customer type, state and
MSA, profitability, financial ratios, balance sheet benchmarks, BCG matrix, extensive statistics by state and MSA, operating expense details, workforce composition, industry consolidation analysis, sector benchmarks, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on numerous industry statistics including companies, locations, employees, pay, and much more.
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.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, industry analysis, benchmarking, forecasting, strategic planning, market analysis, due diligence, valuation, sales & marketing strategy, operational streamlining, organizational strategy, evaluating opportunities, and many other analyses.
Review the 78-page table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:INDUSTRY SIZEIn 2023, industry sales were $7.3 billion
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INDUSTRY GROWTHOver the past 5 years, the industry has grown at an annual rate of 7.4%
The report has historical, annual and forecasted growth rates
COMPANY GROWTHThere are 694 companies in the industry
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SALES PER COMPANYIn 2023, the average sales per company was $10.5 million
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INFLATION & PRICINGInflation has averaged 1.7% over the past 5 years
The report has historicals (2015-2023), 4 years of monthly figures, and 2024 & 5-year forecast
PROFITABILITYFor unprofitable companies, the average net loss is -4.9%
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RIGHTSIZING ANALYSISEmployee productivity is $1,164,385
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EXPENSE BENCHMARKING2.2% of expenses is spent on health insurance
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OPERATING EXPENSESIn 2023, industry operating expenses grew 6.2%
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OPEXPAYROLL BY STATECalifornia averages $103,318 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS14.1% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGESThe average industry hourly pay for office and administrative jobs is $21.82
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The above stats represent a small fraction of what you will find in this report.
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