New issue of Music & Copyright with Brazil country report

The latest issue of Music & Copyright is now available for subscribers to download. Here are some of the highlights.

SPECIAL FOCUS: New market share results reveal the recorded-music and music publishing winners and losers
Music & Copyright’s annual survey of the recorded-music and music publishing sectors has revealed the changes in global market share for the three major music groups and the independent sector. UMG remained the overall global music group leader last year, but for the third year in a row, second-placed SMG reduced the gap. UMG’s recorded-music share was down slightly for the third consecutive year, while SME has registered share growth for four straight years. WMG’s share fell back for a second year, and the independent sector’s share edged down after a modest rise in 2022. For publishing, SMP extended its lead over second-placed UMPG, while WCM’s share was up for the third straight year. The collective share for the independent sector fell below 40% for the first time since 2014.

NEWS FEATURE: KODA reports new milestones for collections and distributable revenue
Danish authors’ society KODA has published its annual report for 2023. Total collections were up for the third consecutive year after suffering a pandemic-related dip in 2020. Moreover, revenue for the Danish society hit another new record. Subscriber gains and new licensing agreements with digital services saw online income overtake broadcasting to become the society’s biggest revenue source. Broadcasting suffered a second year of falling receipts, although the 2023 dip was largely caused by income from previous years’ use of music in the TV sector included in the 2022 total. Most notable in last year’s results was that collections for all the main performance sectors exceeded prepandemic levels. Cinema is the exception. Despite two years of collection growth, movie theater receipts are still short of the 2019 total.

SECTOR ANALYSIS: Amazon Music goes multiplatform to pull in livestreamed music audiences
Amazon Music is going head-to-head with YouTube and TikTok in the music livestreaming space. The company has already offered up coverage of three major festivals, with performances made available across three Amazon channels simultaneously to boost audiences. The retail giant has also achieved success with its second season of the Amazon Music Live series, which goes out after its NFL coverage. Amazon Music has been enhancing its livestreamed product with content extras and music merchandise offerings, and it is promising further add-ons. However, it needs to ensure that such extras are a good fit with live performances and not mere gimmicks.

COUNTRY REPORT: Brazil
In addition to the usual set of music industry statistics and news briefs, the latest issue of Music & Copyright includes a detailed Brazil music industry report. Following two consecutive years of contraction, recorded-music trade sales in Brazil have now risen for seven years in a row. Despite COVID-19 affecting performance rights and synchronization in 2020, streaming gains more than offset the declines. The two affected sectors returned to growth in 2021 and have now registered two years of improved performance. Streaming gains also boosted last year’s total along with vinyl sales more than doubling. Umbrella rights organization ECAD saw distributions top record levels in 2023. Moreover, live music sales are continuing on the road to recovery and are expected to top prepandemic levels this year.

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