Musical Groups & Artists Industry

NAICS: 71113

For additional companies see the Performing Arts Companies Industry

Musical Groups & Artists Market Share: Largest Companies in the Musical Groups & Artists Industry

Company	Headquarters	Revenue ($ MM)
BROOKLYN ADADEMY OF MUSIC	Brooklyn, NY	100
LOS ANGELS MASTER CHORALE ASSOCIATION	Los Angeles, CA	78
SLEEPNOMORE NA	New York, NY	67
ORLANDO PHILHARMONIC ORCHESTRA	Orlando, FL	58
ANN ARBOR SYMPHONY ORCHESTRA	Ann Arbor, MI	55
SPRINGFIELD SYMPHONY ORCHESTRA	Springfield, MA	55
PRINCETON SYMPHONY ORCHESTRA	Princeton, NJ	54
SOUTH CAROLINA PHILHARMONIC	Columbia, SC	47
COLORADO SPRINGS PHILHARMONIC	Colorado Springs, CO	46
CYT CHICAGO	Cary, IL	45
MARIN SYMPHONY ASSOCIATION	San Rafael, CA	44
MISSISSIPPI SYMPHONY ORCHESTRA ASSOCIATION	Jackson, MS	32
ELEMENT MUSIC	New York, NY	32
BUFFALO PHILHARMONIC ORCHESTRA SOCIETY	Buffalo, NY	29
SANTA FE SYMPHONY ORCHESTRA & CHORUS	Santa Fe, NM	28
HAWAII SYMPHONY ORCHESTRA	Honolulu, HI	21
RIALTO THEATRE FOUNDATION	Tucson, AZ	20
AMARILLO SYMPHONY	Amarillo, TX	19
JRF MANAGEMENT	Cleveland, OH	19

This is a list of the largest companies active in the Musical Groups & Artists industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Musical Groups & Artists industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Musical Groups & Artists Companies

A list of competitors in the Musical Groups & Artists industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Musical Groups & Artists businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Musical Groups & Artists companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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