This is the third Global Market View publishedby theIndependentMusicPublishersInternational Forum(IMPF),providingdata about the global market value of theindependent music sector.
The musicpublishing business is the
business of compositions, and of the people
behind this business – songwriters, lyricists,
composers, producers and, of course, music
publishers.
In short, it is the business of songs. Without
songwriters and composers and their
creations there would be no music industry.
Yet, the intrinsic value of this business
remains under-estimated.
The current economic model, dominatedby the rise of streaming, works in favourof performers and recordings. The ratio ofstreaming revenues split between recordingand publishing is basically one to five.
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