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The South African Music Industry
BY Yasmin Mahomedy
South Africa
22 September 2020
R 14 400.00 (ZAR)  
estimated $ 866.34 (USD) *
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Music Industry


South Africa’s music industry is dominated by international music companies such as Universal and Sony, which are also the global industry leaders. Although South Africa’s music revenue, including physical, digital, live events and podcasts, has been increasing steadily annually, 80% of music sold and consumed locally is international. Revenue from physical format sales such as CDs and records has been declining as streaming has increased.


Move to Digital


The last Look & Listen store closed in 2017 and Musica, owned by the Clicks Group, has been facing a tough market in the past few years. In 2018 Clicks indicated that it was open to the sale of Musica, which reduced its stores to 92 in 2019 from 109 in 2018. While most people prefer listening to music on digital platforms, some still purchase and collect physical recordings, including on vinyl.


Coronavirus


Concerts and live events have been postponed indefinitely or in many cases cancelled due to the coronavirus lockdown and many artists have had to delay releasing new material as they are unable to use tours to promote their albums. The cancellation of music festivals and concerts has resulted in financial hardship for many local artists and in some fundraisers to help them. Industry associations indicated that piracy increased during lockdown.


Report Coverage


This report focuses on the music industry and includes the publishing of records and other recorded audio media, the reproduction/recording of records, audio, video and CDs from master copies and the retail of music. There are profiles of 24 companies including major multinational companies such as Universal, Sony and Warner, and local companies such as Arena, which houses Gallo Music, music publishers such as Dojam and Red Igloo and vinyl record sellers such as My Vinyl.


Page
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Value Chain 8
2.2. Geographic Position 9
3. SIZE OF THE INDUSTRY 9
4. STATE OF THE INDUSTRY 13
4.1. Local 13
4.1.1. Corporate Actions 18
4.1.2. Regulations 18
4.1.3. Enterprise Development and Socio-Economic Development 19
4.2. Continental 20
4.3. International 23
5. INFLUENCING FACTORS 25
5.1. Economic Environment 25
5.2. Coronavirus 25
5.3. Piracy 26
5.4. Royalty Dispute with SABC 27
5.5. Technology, Research and Development (R&D) and Innovation 28
5.6. Labour 30
5.7. Effects of Load Shedding 31
6. COMPETITION 31
6.1. Barriers to Entry 33
7. SWOT ANALYSIS 33
8. OUTLOOK 33
9. INDUSTRY ASSOCIATIONS 34
10. REFERENCES 35
10.1. Publications 35
10.2. Websites 35
APPENDIX 1- SUMMARY OF NOTABLE PLAYERS 36
Reproduction of Recorded Media & Music Publishing 36
Music Retail 38
COMPANY PROFILES - REPRODUCTION OF RECORDED MEDIA & MUSIC PUBLISHING 40
ARENA HOLDINGS (PTY) LTD 40
CONTENT CONNECT AFRICA (PTY) LTD 43
DAVID GRESHAM RECORD COMPANY (PTY) LTD (THE) 44
DOJAM PRODUCTIONS CC 46
ELECTROMODE (PTY) LTD 47
KVN PUBLISHING (PTY) LTD 49
RED IGLOO MUSIC PUBLISHING CC 51
SHEER PUBLISHING (PTY) LTD 52
SM PUBLISHING SOUTH AFRICA (PTY) LTD 53
SONY MUSIC ENTERTAINMENT AFRICA (PTY) LTD 55
UNIVERSAL MUSIC (PTY) LTD 57
UNIVERSAL MUSIC PUBLISHING (PTY) LTD 58
WARNER MUSIC SOUTH AFRICA (PTY) LTD 60
COMPANY PROFILES - REPRODUCTION OF RECORDED MEDIA & MUSIC PUBLISHING 61
CONNOISSEUR ELECTRONICS (PTY) LTD 61
GROUP 187 HOLDINGS C C 63
K MORBY 64
LOOT ONLINE (PTY) LTD 65
MASSMART HOLDINGS LTD 67
MEDIA24 (PTY) LTD 73
MR VINYL (PTY) LTD 80
NEW CLICKS SOUTH AFRICA (PTY) LTD 81
PICK N PAY STORES LTD 84
SPOILER TAGS (PTY) LTD 88
TAKEALOT ONLINE (RF) (PTY) LTD 89