Music Publishers Revenue Benchmarks

How much does the average music publishers business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$1.9M

per year

💰

Profit Margin

18.0%

industry average

📈

Revenue / Employee

$273K

per year

👤

Total Businesses

779

in the US

🏢

Est. Owner Income

$339K

small business avg

💵

Labor Cost

40.0%

of revenue

👥

Avg Employee Wage

$122K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$278K
5-9 employees
$1.2M
10-19 employees
$2.6M
20-99 employees
$11.1M
100-499 employees
$57.9M
500+ employees
$78.0M

🏆 Highest Revenue States

1.Wisconsin$4.8M avg2.New York$4.0M avg3.Minnesota$3.6M avg4.Tennessee$3.2M avg5.Colorado$3.1M avg6.Oregon$2.2M avg7.Virginia$1.9M avg8.California$1.3M avg9.Washington$1.2M avg10.Illinois$1.2M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

16.52%

openings/year

Closure Rate

15.15%

closings/year

Net Job Growth

-2.64%

annual

Businesses Closed

417

in 2023

Firm Count Trend

19
20
21
22
23
2,841 firms3,321 firms

💡 Should You Start a Music Publishers Business?

Startup Cost

$50K – $250K

Break-Even

5 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Motion Picture and Video Production$2.0MSoftware Publishers$31.2MData Processing, Hosting, and Related Services$18.9MInternet Publishing and Broadcasting and Web Search Portals$33.8MWireless Telecommunications Carriers (except Satellite)$9.0M

Compare Music Publishers revenue with other industries:

vs Motionvs Softwarevs Data