The music publishing industry is currently witnessing a course-altering transformation. With plummeting sales of physical albums, the future lies in the digital space. The report on the music publishing market tracks this evolution of the industry as it enters a new phase of revenue generation. Growth in the music publishing market has been dismal over the past five years, but with the advent of cutting-edge digital technologies and the entry of new artistes in the market, this scenario could change for the better soon. Corporate as well as consumer spending has seen an uptick in recent years, and this could augur well for the music industry.
The report broadly segments the music publishing market on the basis of geographical regions and type of license (reproduction license, synchronization license, public performance license, and folio license). The report on the music publishing market offers a comprehensive overview of the current trends, opportunities, growth factors and restraints. It draws on industry-leading databases to emerge with accurate forecasts for revenues (US$ as well as market CAGR (%)
No comments:
Post a Comment