DUBLIN, Ireland (Research and Markets) - Research and Markets (https://www.researchandmarkets.com/reports/c30548) has announced the addition of China
Music Industry Market Development 2005 to their offering.
Findings
The business environment has undergone vital changes so far. In part, the long-living presence of piracy has left little life for the original medium-based profit generating business model. What's more, the legitimate downloading and online music playing can reach consumers promptly at even lower rates.
The business model reform in the Internet era is upon the industry: building a software and hardware service model through new digital branding technology in order to meet consumers' demands.
- Medium changes facing the recording industry
It has been the record medium's long journey of changes from the initial steel wire, film, tape, CD to the very latest, digital music and wireless downloading. It is without question that digital music scores big in removing many medians in the recording industry chain to decrease the cost of marketing and distribution. In the meantime, digital music also brings about new requirements for audiovisual platforms by rubbing off the heavy dependence on record mediums.
- Mobile phone is expected to be the biggest platform for the future recording industry
It is to our knowledge that in the future, digital music platforms on mobile handsets will triumph as the biggest sales channel, especially considering the inability of channeling sales towards the development of the Chinese recording industry. With the help of wireless terminals, a new ecological business environment is shaping up prosperously for the recording industry.
We believe the bar has clearly been raised for the audiovisual platforms in towards the development of both network music and wireless music. Apparently, those who fully understand the rules in the recording industry and keep changing to cater to consumer tastes will eventually come out on top in the future market. However there is a possible leap forward for the long-time under-performing domestic recording industry once it integrates with the new economy soundly.
- The industry chain adjustment trend is clear cut
The industry focus prepares to shift from publishing and distribution to content producing and sales channeling. Unfortunately now, most publishing houses still emphasize the publishing and distribution, while being weakened in the record producing and channeling sales category.
Original program producing, sales networks adjustments and enhancement in brand building set the theme for the domestic recording industry's future development.
Generally speaking, during the self-adjustment phase in 2005-2008, the Chinese recording industry will display features such as: abundance of record companies, small enterprise size, weak competitiveness and the inability to generating profit. Nevertheless, there is huge market potential for the Chinese record industry due to its massive music consumer base and fast-advancing digital music industry.
- Pirated products are still mainstream in recent years
Lack of effort on protecting copyrights, piracy issues and free online downloading has all played a part in blocking the recording industry's development.
- A likely development opportunity for the Chinese recording industry brought by the digital reform
It is to our belief that there are two types of future winners for the Chinese recording industry, one with music copyrights and producing original music capabilities, the other able to adjust sales channels.
- Music producing forces turning up their heads
With various CP, SP downloading and trial listening platforms, the music producing forces, pressed under the conventional business mode, have been welcomed by new development platforms and spreading channels.
Topics Covered
- 1 Report Definitions & Research Scope
- 2 Recording Industry Market Environment Analysis
- 3 Market Current Status & Trend
- 4 Recording Industry Chain Analysis
- 5 Recording Industry Business model Analysis
- 6 Market Competition Analysis
- 7 User Analysis
- Appendix: Data Acquisition Process and Methodology
- Graph Index
