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Performing Arts Companies Industry Report

Overview

The US performing arts industry includes about 9,000 companies with combined annual revenue of about $15 billion. Major companies include the Metropolitan Opera Association; San Francisco Symphony; and Boston Symphony Orchestra. The industry is fragmented: the 50 largest companies account for less than 30 percent of revenue. Two-thirds of year-round performing arts companies have annual revenue under $500,000.

SIC: 7929, 5812, 7922

NAICS: 711110, 711120, 711190, 711130

Sample Questions & Answers

How do changes in the economy affect attendance at the company's performances?

As a discretionary spending item, attending performances depends on personal income and competes for the consumer dollar with other entertainment and pastimes. Primary competition for consumers' money and time comes from movies, TV, spectator and...

How important to the company are third-party investors and financial supporters?

Performing arts companies depend on third-party sources for investment and supplemental funding, as revenue can't cover expenses. Corporate and individual sponsorships, foundation and government grants, and gifts help underwrite operations; private...

To read this full Call Prep Question and others, purchase the full report.

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

Sections Included in Report

Industry Overview
Quarterly Industry Update
Business Challenges
Trends and Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Website and Media Links
Glossary of Acronyms

Industry Report Highlights:

Recent Developments
Stay up to date on crucial industry news that may affect your strategy.
Trends & Opportunities
Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
Call Preparation Questions
Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
Industry Forecast
Identify growth and integrate projections in your own business planning.

Business Challenges
Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
Executive Insight
Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
Financial Information
Increase your credibility and support your presentations by adding verifiable industry metrics.
Web Links & Acronyms
Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

Performing Arts Companies Industry Report

Music Production & Distribution Industry Report

Overview

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

Sample Questions & Answers

How have the studio’s sales been affected by piracy?

Sales of music via legitimate CDs and downloads have been declining for years because of the pervasiveness of illegal copying. In part because the industry was been slow to move into digital music distribution, many consumers found it easier to...

How does the studio get its products in front of the public?

The shift by many consumers from specialty music stores to high-volume discount chains makes gaining shelf space harder for small labels. The demise of music retailers such as Tower Records and Musicland has decreased the number of outlets offering...

To read this full Call Prep Question and others, purchase the full report.

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

Sections Included in Report

Industry Overview
Quarterly Industry Update
Business Challenges
Trends and Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Website and Media Links
Glossary of Acronyms

Industry Report Highlights:

Recent Developments
Stay up to date on crucial industry news that may affect your strategy.
Trends & Opportunities
Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
Call Preparation Questions
Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
Industry Forecast
Identify growth and integrate projections in your own business planning.

Business Challenges
Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
Executive Insight
Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
Financial Information
Increase your credibility and support your presentations by adding verifiable industry metrics.
Web Links & Acronyms
Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

Music Production & Distribution Industry Report

Motion Picture Production & Distribution Industry Report

Overview

The US motion picture production and distribution industry includes about 11,000 companies with combined annual revenue of about $60 billion. Major companies include Disney, FOX, MGM, Paramount, Sony Pictures, Universal, and Warner Bros. The industry is highly concentrated: the 50 largest companies account for about 80 percent of revenue.

SIC: 7812, 7822

NAICS: 512120, 512110

Sample Questions & Answers

How is the company addressing the high cost of financing movies?

The high expense of financing movies well in advance of revenue has prompted producers to find ways to spread the financial burden and lower costs. Producers may seek financing from a variety of backers, simplify production and processes, or find...

How does the company determine the potential success of a movie?

Despite a large number of outlets for movies, many productions are financial failures. Illegal copies or a disappointing first-run in theatres can limit a project’s prospects for revenue from secondary releases, such as on TV and DVD. Producers and...

To read this full Call Prep Question and others, purchase the full report.

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

Sections Included in Report

Industry Overview
Quarterly Industry Update
Business Challenges
Trends and Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Website and Media Links
Glossary of Acronyms

Industry Report Highlights:

Recent Developments
Stay up to date on crucial industry news that may affect your strategy.
Trends & Opportunities
Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
Call Preparation Questions
Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
Industry Forecast
Identify growth and integrate projections in your own business planning.

Business Challenges
Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
Executive Insight
Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
Financial Information
Increase your credibility and support your presentations by adding verifiable industry metrics.
Web Links & Acronyms
Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

Motion Picture Production & Distribution Industry Report

Book Publishers Industry Report

Overview

The US book publishing industry consists of about 2,700 companies with combined annual revenue of about $25 billion. Major companies include John Wiley & Sons, McGraw-Hill, Pearson, and Scholastic, as well as publishing units of large media companies such as HarperCollins (owned by News Corp); Random House (owned by Bertelsmann); and Simon & Schuster (owned by CBS). The industry is highly concentrated: the top 50 companies generate about 80 percent of revenue.

SIC: 2731

NAICS: 511130

Sample Questions & Answers

How have changes in book readership impacted company revenues?

Book sales in the US declined nearly 5 percent between 2009 and 2010, with adult fiction, mass market paperbacks, and audio books among the hardest-hit segments, according to Nielsen BookScan. Book publishers are facing threats from other sources of...

How are publishers adapting to the rising demand for electronic books?

Rising demand for electronic books that are cheaper to obtain and easier to use presents a new challenge to publishers. The explosion in e-readers such as Amazon's Kindle device indicate solid demand among consumers for new, low-cost content. However,...

To read this full Call Prep Question and others, purchase the full report.

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

Sections Included in Report

Industry Overview
Quarterly Industry Update
Business Challenges
Trends and Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Website and Media Links
Glossary of Acronyms

Industry Report Highlights:

Recent Developments
Stay up to date on crucial industry news that may affect your strategy.
Trends & Opportunities
Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.
Call Preparation Questions
Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.
Industry Forecast
Identify growth and integrate projections in your own business planning.

Business Challenges
Engage your prospects with solution selling that makes their life easier by first understanding their pain points.
Executive Insight
Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.
Financial Information
Increase your credibility and support your presentations by adding verifiable industry metrics.
Web Links & Acronyms
Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

Book Publishers Industry Report