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Hoover's Directories > Industry Overviews > Music Production & Distribution

Music Production & Distribution

  • Overview
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Industry Description

The US music production and distribution industry includes about 3,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $15 billion. Major companies include Universal Music Group, Sony Music Entertainment, and Warner Music Group. The industry is highly concentrated: the top eight companies account for 80 percent of industry revenue.

SIC: 2731, 7389
NAICS: 512240, 512230, 512220, 512290, 512210
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Top 5 Companies

CompanySalesLocation
Warner Music Group Corp.2,984.00MNew York, NY
EMI Group Limited2,487.73MLondon, United Kingdom
SONY MUSIC COMMUNICATIONS INC.441.43MShinjuku-Ku, Tky
Vlaamse Media Maatschappij NV345.43MVilvoorde, Belgium
UNIVERSAL MUSIC FRANCE331.24MParis, France
Bullet - Yellow Arrow Box There are 27,730 companies in this industry. To view all of them, register now.

Industry Indicator

Total US consumer spending, an indicator of demand for music sales, rose 2.5 percent, primarily from nondurable goods expenditures, in November 2011 compared to the same month in 2010.
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Quarterly Industry Update

Labels Navigate Burgeoning Online Music Business - The world's four largest record labels are in talks with Google as the search engine giant readies its own online music store, according to The...
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