Music
Industry Description
The US music production and distribution industry includes about 3,700 establishments with combined annual revenue of about $15 billion. Major companies include Universal Music Group, Sony Music Entertainment, EMI, and Warner Music Group. The industry is highly concentrated: the top eight companies account for 80 percent of industry revenue.
SIC: 2741, 3652, 6794, 7929 | NAICS: 334612, 511199, 512210, 512220, 512230, 512240, 711130
Related Industries:
Internet Retail, Musical Instruments, Bars and Nightclubs, Motion Picture Production & Distribution, Musical Equipment Retail, Television Production & Distribution, Music Stores
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| Company | Sales | Location |
| Sony Broadband Entertainment Corp | 11,500.00M | New York, NY |
| Sony Music Entertainment Inc. | 4,830.00M | New York, NY |
| Universal Music Group Inc. | 4,650.00M | New York, NY |
| BMG Entertainment | 3,404.10M | New York, NY |
| Warner Music Group Corp. | 3,176.00M | New York, NY |
| There are 102,379 companies in this industry. To view all of them, register now. | ||
Trends
Lower Prices - Consumer prices for audio CDs and tapes have been...
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Total US consumer spending, an indicator of demand for music sales, rose 1.9 percent, primarily from nondurable goods expenditures, in May 2010 compared to the same month in 2009.
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US Music Publishers Sue File-Sharing Firm - Eight US music publishing companies have filed a lawsuit in US District Court against peer-to-peer file-sharing firm LimeWire. The suit alleges song copyright infringement by...
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