In 2020, music publisher Warner Chappell had a market share of 11.2 percent, down from 11.6 percent in the previous year. Independent publishers had the biggest market share at 27.9 percent and accounted for the most of the global revenue.
Music publishers and record labels in the U.S.
A music publisher protects the copyright of an artist’s composition. They are responsible for ensuring that a songwriter or a composer receives payment when their work is used. Music publishers are often included within a larger record company.
In 2011, there were four major record companies operating in the U.S. They were Universal Music Group, Sony Music Entertainment, Warner Music Group and EMI. EMI held a 5.7 percent market share of record companies, in terms of label ownership when it disbanded in 2012. In comparison, during the same year, Universal held a 23.9 percent market share. Universal continued to dominate the market in the first half of 2014 with a 28.2 percent share. However, more than any other single record company; independent labels have held the largest share of the market since 2011, with their share reaching 35.1 percent in the first six months of 2014.
Independent labels, however, do not dominate the market share of record companies when it comes to album sales. In the first half of 2013, Universal held the biggest market share with 37.7 percent. Sony was ranked second with a 30.38 percent share and Warner, in third, held a 20.79 percent share.
When it comes to the highest-paid female musicians in 2014, the top three record companies are well represented. Beyonce, who is signed to Columbia Records, under the ownership of Sony, who was ranked music’s top earning woman and received an estimated annual income of 115 million U.S. dollars, between June 2013 and June 2014. In second place on the top earner’s list however was Taylor Swift, proving that you don’t need to be signed to one of the leading record companies to be successful. Swift has been signed to the independent record label Big Machine Records since 2006 and under their guardianship, earned herself 64 million U.S. dollars in 2014.
Revenue market share of the largest music publishers worldwide from 2007 to 2020
Figures prior to 2016 come from this source. The source provided the following explanation: "Sony/ATV'S share includes revenues from EMI-administered repertoire." For the 2016 and 2017 figures, the following explanation is given: "Sony's share includes revenye from Sony/ATV, Sony Music Publishing Japan and EMI MP-administered repertoire. Figures for the period 2007 to 2015 come from earlier publications. Percentage points missing to or exceeding 100 percent are likely due to rounding. Data for EMI was no longer provided after it became a wholly owned subsidiary of Sony.
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Music & Copyright. (April 21, 2021). Revenue market share of the largest music publishers worldwide from 2007 to 2020 [Graph]. In Statista. Retrieved July 01, 2022, from https://www.statista.com/statistics/272520/market-share-of-the-largest-music-publishers-worldwide/
Music & Copyright. "Revenue market share of the largest music publishers worldwide from 2007 to 2020." Chart. April 21, 2021. Statista. Accessed July 01, 2022. https://www.statista.com/statistics/272520/market-share-of-the-largest-music-publishers-worldwide/
Music & Copyright. (2021). Revenue market share of the largest music publishers worldwide from 2007 to 2020. Statista. Statista Inc.. Accessed: July 01, 2022. https://www.statista.com/statistics/272520/market-share-of-the-largest-music-publishers-worldwide/
Music & Copyright. "Revenue Market Share of The Largest Music Publishers Worldwide from 2007 to 2020." Statista, Statista Inc., 21 Apr 2021, https://www.statista.com/statistics/272520/market-share-of-the-largest-music-publishers-worldwide/
Music & Copyright, Revenue market share of the largest music publishers worldwide from 2007 to 2020 Statista, https://www.statista.com/statistics/272520/market-share-of-the-largest-music-publishers-worldwide/ (last visited July 01, 2022)