The market dominance of Universal and Sony in the recorded music and music publising sectors remains unchecked as the latest MBW analysis shows Universal Music Group took 42.7% of total revenues accrued by the major record companies in the first half of 2015. Sony Music Enterttainment had a 33.3% share and Warner Music Group 24%. Together the three majors control about 75% of the recorded music sector.
In terms of music publishing, Sony/ATV remained way out in front with 51.2% of income in H1 2015. Universal Music Publishing had 30.3%, and Warner Chappell an 18.5% share.
Across the entire corporate groups of the major trio, including recorded music, music publishing and other operations, UMG claimed 41.2% of total revenue, with Sony following on with 36.3% and Warners 22.2%.
More here http://www.musicbusinessworldwide.com/universal-claims-43-major-label-money-first-half-2015/
Universal Music Group saw its recorded music revenues grow 15.2% in the first six months of 2015 fuelled by the boom in streaming income. Universal's recorded music operation (omitting publishing and merchandising) saw digital income above 50% of company revenues, outperforming physical sales and licensing combined. Revenues of €926m for digital music were up 7.3% year-on-year at constant currency and perimeter. UMG's revenue from physical sales was €573m, down 7.4% at constant currency/perimeter) and was licensing (€348m, up 16.4% on the same basis) UMG's recorded music operation totalled €1.85bn in the six-month period in total, up 15.2% on the €1.60bn achieved in H1 2014 in real terms - and up 3.6% at constant currency/perimeter. The groups combined revenues including merchandising and music publishing were €2.31bn in the first six months of 2015. The group revenues, boosted by the strong US dollar, were up more than €300m, or 15.4%, on the comparable figure from H1 in 2014.
In terms of music publishing, Sony/ATV remained way out in front with 51.2% of income in H1 2015. Universal Music Publishing had 30.3%, and Warner Chappell an 18.5% share.
Universal Music Group saw its recorded music revenues grow 15.2% in the first six months of 2015 fuelled by the boom in streaming income. Universal's recorded music operation (omitting publishing and merchandising) saw digital income above 50% of company revenues, outperforming physical sales and licensing combined. Revenues of €926m for digital music were up 7.3% year-on-year at constant currency and perimeter. UMG's revenue from physical sales was €573m, down 7.4% at constant currency/perimeter) and was licensing (€348m, up 16.4% on the same basis) UMG's recorded music operation totalled €1.85bn in the six-month period in total, up 15.2% on the €1.60bn achieved in H1 2014 in real terms - and up 3.6% at constant currency/perimeter. The groups combined revenues including merchandising and music publishing were €2.31bn in the first six months of 2015. The group revenues, boosted by the strong US dollar, were up more than €300m, or 15.4%, on the comparable figure from H1 in 2014.
