The US is the biggest music market in the world. Not only does it account for around one-third of global recorded-music sales, the country is home to the world’s largest live music sector and the biggest live music promoter, Live Nation Entertainment.
- The US has two of the leading authors' rights organizations, ASCAP and BMI, and has quickly become the biggest performance rights market for record companies and performers, even though the country's collection agency, SoundExchange, only collects royalties from digital music services.
Features and Benefits
- Details the main music industry sectors, with the latest published data and statistics.
- Sectors included in the report are recorded music, music retail, rights collections and administration, and live.
Key questions answered
- What share of recorded-music consumption came from streaming and subscriptions in 2018?
- Which of the major US music streaming services has the highest number of subscribers?
Table of contents
BuzzAngle buoyant on the US recorded-music sector
Intense competition for music users
Digital infrastructure and access
Rights administration and royalty collections
Reform of US music licensing legislation
Slowdown in ticket sales revenue