Friday, October 23, 2020

Report: independents are 27% of music publishing market | Music Ally

Independent publishers body IMPF has published a new ‘Global Market View 2020′ report offering figures for its members’ share of the global publishing sector.

The key stats: an estimate that the global publishing market was worth €5bn (around $5.9bn) in 2019 – up from €4.63bn in 2018 – and that independent publishers accounted for 27% of that market in 2019.

Note, there’s a specific methodology here: IMPF defines ‘independent’ as any firm with less than 5% of the market, adding that the three major global publishers (Sony/ATV, UMPG and Warner/Chappell) have a 55% share collectively.

That means around 18% of the market is accounted for by publishers who aren’t the global majors, but who are too big for the IMPF’s definition of ‘independent’.

There are more breakdowns by region and country in the full report, which you can read here.

Stuart Dredge


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