The research report on “Global Music Publishing Market Outlook 2025” covers industry current trends & future estimations, manufacturers, business growth opportunity, technological developments, size, share, regional demand & competitive analysis.
Dallas, United States - October 29, 2020 /MarketersMedia/ —
Blockchain Integration to Coin Major Disruptions in Music Publishing Market
Music publishing market is daunting the challenges of missed royalties and soaring piracy incidents that tangibly affect ROI in music publishing market. These market highlights are in sync with Adroit Market Research's recent report offering to induce substantial business intelligence amongst leading market participants eying sustainable revenue models.
One of the lingering challenges in music publishing is massive gaps in profit delivery models wherein legitimate royalties are denied to music publishers owing to data inefficiency.
To address inefficiencies cited as above, blockchain integration is gaining tremendous traction in recent times owing to the benefits such as availability of untampered data logs which are secured through cryptography to maintain authenticity. Payment channels are highly self-reliant and are not managed by third party vendors bridging the gaps between artist and publishing house. Therefore, blockchain integration is ideal to offset the current inefficiencies dominant in music publishing market. Blockchain in music industry supports smart contracts.
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As music publishing market gains explicit momentum, novel agreements between artists and publishing houses are likely to emerge aligning with steadfast technological innovations in music publishing market. IN this line, Kendrick Lamar, a notable musician and rap artist has undersigned an agreement with Universal Music Publishing.
Further in music publishing space, Sentric Music has marked a new collaboration with its desk with Beatport to support better business delivery across numerous touchpoints such as direct license approval to presentation.
Further in music publishing space, collaborative agreements are becoming extremely integral to mark customer satisfaction. To support this Divo Music and Sony Publishing are joining forces to leverage healthy growth in digital music publishing market. Additional developments such as new blockchain offerings from Ditto to support music delivery amongst millennials to emerge as a significant player in music publishing company
The global music publishing market is becoming increasingly competitive in nature and is highly fragmented. The market is scattered with a number of international, regional and local players. Some of the major names in this space are Sony/ATV Music Publishing LLC, Universal Music Publishing Group, BMG Rights Management, Warner Music Group, and others. The market players are bringing further innovation in the industry with unique payment solutions and pricing for specific regions.
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Key segments of the global music publishing market
Royalty Overview, 2014 - 2025 (Kilo Tons) (USD Million)
• Mechanical
• Performance
• Synchronization
• Digital
• Others
Regional Overview, 2014-2025 (USD Million)
• US
• Europe
• China
• India
• South East Asia
• Japan
• Central & South America
• Rest of the World
Some Major Points from Table of Content (TOC):
Chapter 1. Market Overview
Chapter 2. Market Dynamics
Chapter 3. Global Music Publishing Market Overview, by Royalties
Chapter 4. Global Music Publishing Market, by Region
Chapter 5. Global Music Publishing Market Competition, by Manufacturers
Chapter 6. Company Profiles
Chapter 7. Research Findings and Conclusions
Chapter 8. Research Methodology
What does the report include?
• The study on the global music publishing market accessed based on opportunities, restraints, and market driving factors
• The market has been evaluated using the value chain analysis.
• The study covers quantitative and qualitative analysis of the market segmented on the basis of royalties and region.
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About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Website: https://www.adroitmarketresearch.com/industry-reports/music-publishing-market
Source: MarketersMedia
Release ID: 88983269
