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NAICS Code 711410-04 Description (8-Digit)

Music Composers' Agents are professionals who represent and promote the interests of music composers. They act as intermediaries between composers and potential clients, such as film studios, advertising agencies, and music production companies. Music Composers' Agents work to secure commissions for their clients, negotiate contracts, and ensure that their clients receive fair compensation for their work. They also provide advice and guidance to their clients on matters such as copyright law, royalties, and intellectual property rights.

Hierarchy Navigation for NAICS Code 711410-04

Tools

Tools commonly used in the Music Composers' Agents industry for day-to-day tasks and operations.

  • Music licensing software
  • Project management software
  • Music notation software
  • Social media management tools
  • Contract management software
  • Music distribution platforms
  • Royalty tracking software
  • Music industry databases
  • Electronic signature software
  • Financial management software

Industry Examples of Music Composers' Agents

Common products and services typical of NAICS Code 711410-04, illustrating the main business activities and contributions to the market.

  • Film score composition
  • Video game music composition
  • Commercial jingle composition
  • Television show theme song composition
  • Music for theater productions
  • Music for dance performances
  • Music for podcasts
  • Music for online videos
  • Music for advertising campaigns
  • Music for live events

Certifications, Compliance and Licenses for NAICS Code 711410-04 - Music Composers' Agents

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Music Business Certificate: This certificate program provides students with a comprehensive understanding of the music industry, including music publishing, artist management, and record label operations. Offered by Berklee College of Music.
  • Certified Music Industry Professional (CMIP): This certification is designed for individuals who want to demonstrate their knowledge and expertise in the music industry. Offered by the Music Business Association.
  • Entertainment Law Certificate: This certificate program provides students with a comprehensive understanding of the legal issues that arise in the entertainment industry, including music law. Offered by UCLA School of Law.
  • Music Licensing Certification: This certification program provides students with a comprehensive understanding of music licensing, including copyright law, licensing agreements, and royalty payments. Offered by the Berklee Online.
  • Certified Music Therapist (MT-BC): This certification is designed for individuals who want to demonstrate their knowledge and expertise in music therapy. Offered by the Certification Board for Music Therapists.

History

A concise historical narrative of NAICS Code 711410-04 covering global milestones and recent developments within the United States.

  • The "Music Composers' Agents" industry has a long history dating back to the early 20th century when the first music agents began representing composers and songwriters. In the 1920s, the industry saw a significant boom with the rise of radio and the recording industry, which created a demand for new music and composers. During the 1950s and 1960s, the industry experienced a shift towards rock and roll music, which led to the emergence of new agents and managers representing rock musicians. In recent years, the industry has seen a surge in demand for music composers in the film and television industry, leading to the emergence of new music composers' agents. In the United States, the industry has been shaped by the rise of digital music platforms and the increasing importance of music in the entertainment industry.

Future Outlook for Music Composers' Agents

The anticipated future trajectory of the NAICS 711410-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Music Composers' Agents industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for music in various sectors such as film, television, and advertising. The rise of digital music platforms has also created new opportunities for music composers, which in turn has increased the demand for agents who can help them navigate the industry. Additionally, the increasing popularity of live music events and concerts is expected to drive growth in the industry. However, the industry may face challenges due to the ongoing COVID-19 pandemic, which has led to the cancellation of many live events and concerts. Despite this, the industry is expected to recover as the pandemic subsides and live events resume. Overall, the Music Composers' Agents industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 711410-04

Recent groundbreaking advancements and milestones in the Music Composers' Agents industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Music Events: With the rise of digital platforms, music composers' agents have started organizing virtual music events to showcase their clients' work. These events have become increasingly popular during the COVID-19 pandemic, as they allow music composers to reach a wider audience without the need for physical events.
  • Social Media Marketing: Music composers' agents are increasingly using social media platforms such as Instagram and TikTok to promote their clients' work. This has become an effective way to reach younger audiences and build a following for up-and-coming music composers.
  • Collaborations with Brands: Music composers' agents are partnering with brands to create original music for advertising campaigns. This has become a lucrative source of income for music composers and has helped them gain exposure to wider audiences.
  • Licensing Deals: Music composers' agents are securing licensing deals for their clients' music to be used in films, television shows, and commercials. This has become an important revenue stream for music composers and has helped them gain recognition in the industry.
  • Online Music Libraries: Music composers' agents are creating online music libraries where clients can showcase their work and potential clients can browse and purchase music for their projects. This has become a convenient way for music composers to market their work and for clients to find music for their projects.

NAICS Code 711410-04 - Music Composers' Agents

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