5122 - Sound Recording Industries
In today’s digital age, the Sound Recording Industries play a pivotal role in entertainment, media, and information dissemination. If you’re a business owner, contractor, or entrepreneur looking to navigate government contracting or industry classification, understanding NAICS Code 5122 is essential. This code categorizes businesses involved in the production and distribution of sound recordings, including music and spoken word content. Let’s dive deep into what NAICS 5122 encompasses and why it matters.
What is NAICS Code 5122?
NAICS Code 5122 represents the Sound Recording Industries sector. This classification is part of the broader Information sector, which covers businesses that produce and distribute content in various forms. Specifically, NAICS 5122 identifies establishments primarily engaged in:
- Producing sound recordings such as music albums and audiobooks
- Distributing audio content through physical media or digital platforms
- Operating sound recording studios and music publishing companies
Sector Overview: Information and Sound Recording Industries
- Sector: Information (NAICS 51)
- Subsector: Motion Picture and Sound Recording Industries (NAICS 512)
- Industry Group: Sound Recording Industries (NAICS 5122)
The Sound Recording Industries sector is vital to the creative economy, encompassing a variety of business activities related to sound content creation and publishing. These activities include:
- Record production companies that record, produce, and distribute artists’ works.
- Music publishers that handle copyright, distribution rights, and promotion of musical works.
- Sound recording studios where recording, mixing, and mastering of music and audio take place.
Size Standards for NAICS Code 5122
Understanding the size standard is crucial for determining eligibility for government contracting and small business programs. For NAICS Code 5122, the Small Business Administration (SBA) sets the size standard primarily based on employee headcount:
NAICS Code | Industry Title | Size Standard (Employees) |
---|---|---|
5122 | Sound Recording Industries | 1,500 employees |
Businesses with 1,500 or fewer employees generally qualify as small businesses under this NAICS code for federal contracting opportunities.
Typical Business Types Under NAICS Code 5122
To get a clearer picture, here are examples of businesses commonly classified under NAICS 5122:
- Record Production Companies: Firms that oversee the entire production and distribution process of albums and singles.
- Music Publishers: Entities that manage rights, licensing deals, and royalties related to songs and compositions.
- Sound Recording Studios: Facilities equipped for audio recording, engineering, mixing, and mastering services.
- Audio Content Producers: Businesses creating spoken word recordings such as audiobooks, podcasts, and educational content.
NAICS Code 5122 - Detailed Code Breakdown
NAICS Code | Title | Description | Sector |
---|---|---|---|
5122 | Sound Recording Industries | Establishments primarily engaged in producing and distributing sound recordings, including music, spoken word, and other audio content. | Information |
Frequently Asked Questions (FAQ)
What does NAICS 5122 cover?
NAICS 5122 covers businesses primarily engaged in the production, distribution, and publishing of sound recordings, including music and spoken word content.
Which sector does NAICS 5122 belong to?
It belongs to the Information sector, specifically under Motion Picture and Sound Recording Industries.
What is the size standard for small businesses in NAICS 5122?
The SBA defines small businesses under NAICS 5122 as those with 1,500 or fewer employees.
Can a recording studio qualify under this NAICS code?
Yes, sound recording studios that provide recording, mixing, and mastering services are classified under NAICS 5122.
Are music publishers included in the Sound Recording Industries?
Yes, music publishers who handle musical copyrights and licensing fall under this NAICS classification.
By understanding NAICS Code 5122 - Sound Recording Industries, businesses can better position themselves for government contracts, industry analysis, and competitive benchmarking in the dynamic field of audio content creation and distribution. Whether you're running a record label, music publishing firm, or a state-of-the-art recording studio, this industry classification connects you to broader market opportunities and regulatory standards.