Earlier this week we covered a new report from the IMPF about publishing market shares in 2021, based partly on data from Music & Copyright. Well, the latter has just published its newest figures for 2022, covering both publishing and recorded music. You can read them here.
For recordings, UMG is still the largest major with a 31.8% market share (down from 31.9% in 2021). It was followed by Sony Music’s 22.6% share (up from 21.9%); WMG’s 15.6% share (down from 16.3%); and independents’ 30% share (up from 29.9%).
Publishing, meanwhile, was fairly static in terms of share, although M&C estimates that the overall market size grew by 17.7% to $8.1bn. Top dog Sony Music Publishing took a 24.7% share (down from 24.9% in 2021), followed by UMPG’s 23.4% (up from 23.2%); Warner Chappell’s 12% (up from 11.8%) and independents’ 40% share (down from 40.1%).
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