Ovum’s Music & Copyright publication has published its latest figures for recorded-music and publishing market share, covering 2014. Its key claim for last year is that Universal Music Group lost market share while Warner Music Group gained, although the order of major labels – UMG then Sony then WMG – remains unchanged. The obvious caveats are around the acquisition and breakup of EMI in 2013.
But yes, figures: UMG had a 34.1% market share in 2014 of physical and digital sales, ahead of Sony’s 22.5% and WMG’s 16.7%, with independent labels pegged at 26.7% – the largest year-on-year growth in percentage-point terms. “However, the independents’ share of physical formats is still higher than its digital share,” added Music & Copyright. On the publishing side, Sony/ATV remained top dog in 2014 with a 29.5% market share, ahead of Universal Music Publishing Group’s 23% and Warner/Chappell’s 12.5% – although note here that collectively, indies remained the largest sector with a 35% market share – including 5.4% for BMG Rights Management and 3.9% for Kobalt. Read more via the link below.
Tools: platforms to help you reach new audiences
Tools :: We Are Giant
With “fan communities” being on every artist’s team’s mind, we’re fans of the fact that…