The Three Major Publishers Generated More than $3.2 Billion in 2019 — That’s $369,000 Per Hour
, while Warner Music Group owns the world’s third biggest, Warner/Chappell.
In recent years, you might have read that some publishers are less than thrilled with the revenue they receive from streaming services, compared with equivalent royalties pulled in by recorded-music companies. Generally speaking, the owners of the rights to the written song The stats revealed byAccording to my estimates below, again based on corporate data from Vivendi, Sony Corp., and WMG, the three music-publishing companies worldwide generated $3.
Who owned the biggest music-publishing operation in the world last year? Sony Corp., which generated $1.4 billion last year in the field, the vast majority of which would have come via Sony/ATVAnother billion-dollar-plus publishing company in 2019 was UMPG, which saw its annual revenue grow by $70 million to $1.18 billion, according to my calculations, up from $1.11 billion in 2018.
Two further interesting points to raise off the back of the numbers above? First, ex-Warner/Chappell boss Jon Plattin April 2019, a few months after Sony closed its $2 billion-plus acquisition of EMP. Platt is now the key management figure within a Sony publishing operation that generated more than double the global revenues of his previous employer last year.
And second, when you combine music publishing with the total recorded-music numbers from the Big Three, you learn that — across Universal Music Group, Sony Music Group, and Warner Music Group — the major music companies turned over more than $18 billion among them in 2019.publishing and recorded-music operations, the three majors actually collectively turned over, on average — oh, yes — more than $2 million every single hour in 2019.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
After South Carolina win, Biden says his campaign raised $5 million within 24 hoursHours after his major victory in the South Carolina Democratic presidential primary, former Vice President Joe Biden said Sunday that his campaign raised $5 million online within 24 hours. The figure is the biggest online fundraising day to date for the campaign, according to a Biden official.
Consulte Mais informação »
EU's Breton: Coronavirus costs €1 billion per month to European tourismThe coronavirus outbreak, which is grounding Chinese tourists, is costing the Eu...
Consulte Mais informação »
Italy readies measures worth 3.6 billion euros to tackle coronavirusItaly will introduce this week measures worth 3.6 billion euros ($3.5 billion), ...
Consulte Mais informação »
Meghan Markle and Prince Harry Could Reportedly Make £85K Per Instagram Post After Their Royal ExitExperts say that Meghan Markle and Prince Harry could make tons of money if they wanted to be social media influencers.
Consulte Mais informação »