NAICS Code 512250-01 - Record Companies

Marketing Level - NAICS 8-Digit

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NAICS CODE 512250-01
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Looking for more companies? See NAICS 512250 - Record Production and Distribution - 56 companies, 3,606 emails.

NAICS Code 512250-01 Description (8-Digit)

Record Companies are businesses that produce and distribute recorded music. They are responsible for discovering and signing new artists, recording and producing their music, and distributing it to the public through various channels. Record Companies play a crucial role in the music industry, as they provide the necessary resources and support for artists to create and share their music with the world.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 512250 page

Tools

Tools commonly used in the Record Companies industry for day-to-day tasks and operations.

  • Digital Audio Workstations (DAWs) such as Pro Tools, Logic Pro, and Ableton Live
  • Audio Interfaces
  • Microphones
  • Studio Monitors
  • MIDI Controllers
  • Synthesizers
  • Drum Machines
  • Audio Plugins
  • Mixing Consoles
  • Mastering Software

Industry Examples of Record Companies

Common products and services typical of NAICS Code 512250-01, illustrating the main business activities and contributions to the market.

  • Music Production
  • Artist Management
  • Music Distribution
  • Music Publishing
  • Sound Engineering
  • Record Label Operations
  • Music Licensing
  • Music Promotion
  • A&R (Artist and Repertoire)
  • Music Marketing

History

A concise historical narrative of NAICS Code 512250-01 covering global milestones and recent developments within the United States.

  • The "Record Companies" industry has a long and rich history dating back to the late 19th century when the first commercial recordings were made. The industry has seen many milestones and notable advancements, including the introduction of vinyl records in the 1940s, the rise of rock and roll in the 1950s, and the advent of digital music in the 1980s. In recent years, the industry has faced significant challenges due to the rise of digital music streaming services, which have disrupted traditional revenue models and forced companies to adapt to new business models. Despite these challenges, the industry remains a vital part of the music ecosystem, and companies continue to innovate and evolve to meet the changing needs of consumers. In the United States, the "Record Companies" industry has a similarly rich history, with many of the same milestones and advancements as the global industry. However, the industry has also faced unique challenges in the US market, including the rise of piracy in the early 2000s and the decline of physical media sales in the 2010s. Despite these challenges, the industry has continued to grow and evolve, with companies investing in new technologies and business models to stay competitive. Today, the industry is a major contributor to the US economy, supporting thousands of jobs and generating billions of dollars in revenue each year.