a 2 i m

Music Confidential Closes Out the Year with this Very Special Report


By Susan Butler

You are about to read a very special report, one that provides revenue figures never before shared and in a way never before calculated—by product category rather than by type of right. As such, it represents what I believe to be a very important turning point in the business of songs, one in which I initiated in the hope of providing useful business information for strategic planning in this segment of the industry. Before this report today, no one has had access to the information provided in this way.

CISAC, the Paris-based international trade group for collective rights societies in several copyright industries, publishes its Global Collections Report 2015, sharing general collections figures and trends among its member societies. The 65-page report is a big change from past reports in that it provides much better and more accurate figures from the CISAC-member societies and better economic analysis than in all of the group’s past reports.

This year CISAC also hired me to write some brief commercial marketplace highlights for the publication. In addition, we took a bold step further. We brought in some music publishers that make direct license agreements with digital service providers (DSPs) outside of the society network in six territories in order to take a look at the marketplace in a different way. This could only be accomplished with the full cooperation and efforts of all of the major music publishers, most of the largest independent music publishers that make such direct deals and the collective rights societies in those territories. We achieved a wonderful level of cooperation.

We call it the First Look project, taking just baby steps toward achieving a new way of looking at the digital music market for musical compositions.

In order to pull this data together, I agreed with the music publishers and the societies to only use and reveal in the aggregate the revenue figures I received from the participants and only as written for the CISAC Global Collections Report. For this reason, this week’s Music Confidential presents the First Look project as published in today’s CISAC Global Collections Report 2015. A link to obtain the full CISAC report (free) is at the end of this report. This full version also includes graphs not included in my report, below, and of course information about the society collections.

You can read the report and download it in full, here.

About A2IM:
A2IM is a 501(c)(6) not-for-profit trade organization headquartered in New York City that exists to support and strengthen the independent recorded music sector. Membership currently includes a broad coalition of more than 700 Independently-owned American music labels. A2IM represents these independently owned small and medium-sized enterprises’ (SMEs) interests in the marketplace, in the media, on Capitol Hill, and as part of the global music community. In doing so, it supports a key segment of America’s creative class that represents America’s diverse musical cultural heritage. Billboard Magazine identified the Independent music label sector as 37.32 percent of the music industry’s U.S. recorded music sales market in 2016 based on copyright ownership, making Independent labels collectively the largest music industry sector.

Learn more about A2IM here.
For information about how to join our community, see here.