512230 - Music Publishers
The entertainment industry is vast and varied, and one critical segment is captured under NAICS code 512230: Music Publishers. This code groups businesses that play a vital role in the creation, promotion, and management of musical compositions. From licensing songs to collecting royalties, music publishers ensure that composers and songwriters are fairly compensated while making music accessible to the world.
What is NAICS Code 512230?
NAICS 512230 specifically covers establishments primarily engaged in acquiring rights to musical compositions and making them available for use through licensing and royalty collection. These businesses handle copyright management and promote the use of musical works, often working closely with artists, recording companies, and media platforms.
Key Aspects of NAICS 512230 - Music Publishers
- Industry Description: Music publishing companies that obtain rights to musical compositions and license these for various uses.
- Primary Activities: Licensing, copyright management, royalty collection, promoting musical works.
- Related Services: Managing and authorizing the use of sheet music, songs, and other printed or recorded musical materials.
Sector Information: Arts, Entertainment, and Recreation
NAICS 512230 falls under the Arts, Entertainment, and Recreation sector. This sector comprises organizations that offer cultural, entertainment, and recreational servicesâincluding various forms of publishing and rights management like music publishing.
Typical Business Activities under 512230 include:
- Acquiring rights to musical works.
- Licensing songs to broadcasters, producers, and other creators.
- Collecting royalties from the use of copyrighted music.
- Publishing sheet music and related printed materials.
Size Standards for NAICS 512230
To qualify under this NAICS code for small business programs, an establishment is generally considered âsmallâ if it has 900 or fewer employees. This size standard helps identify eligible companies for government contracting assistance and small business resources.
Examples of Businesses Covered by NAICS 512230
- Music publishing companies that acquire and license song rights.
- Song licensing agencies facilitating the use of musical compositions in TV, film, and commercials.
- Music rights management firms that administer copyrights and ensure royalty payments.
NAICS 512230 Code Details Table
| Code Detail | Description |
|---|---|
| Music book (i.e., bound sheet music) publishers | Publishers focusing on printed music books |
| Music book publishers and printing combined | Combined publishing and printing of sheet music |
| Music copyright authorizing use | Licensing and authorizing use of copyrighted music |
| Music copyright buying and licensing | Acquiring and granting licenses for music copyrights |
| Music publishers | General music publishing businesses |
| Music, sheet, publishers and printing combined | Publishing and printing of sheet music |
| Publishers, music | Entities that publish musical works |
| Sheet music publishers | Producers and distributors of sheet music |
| Sheet music publishers and printing combined | Businesses that both publish and print sheet music |
| Song publishers | Publishers specializing in songs |
| Song publishers and printing combined | Song publishing combined with printing services |
Frequently Asked Questions (FAQs)
What types of businesses fall under NAICS 512230?
This code includes music publishing companies, song licensing agencies, and music rights management firms primarily involved in licensing and royalty collection for musical compositions.
How does the NAICS code 512230 impact music publishers?
It classifies their business activity for regulatory, statistical, and contracting purposes, helping them qualify for targeted business programs.
What is the size standard for a small business in this industry?
Businesses with 900 or fewer employees are generally considered small under SBA standards for NAICS 512230.
Are sheet music publishers included in this NAICS code?
Yes, sheet music publishers and those combining publishing with printing are included.
Can a business be classified under multiple NAICS codes?
Yes, especially if they engage in a combination of activities, such as publishing and printing music.
Conclusion
NAICS code 512230 - Music Publishers defines a vital sector within the arts and entertainment industry, identifying companies that manage the rights and dissemination of musical compositions. Whether youâre a music publisher, a licensing agency, or a rights management firm, understanding this code can help in compliance, business classification, and accessing government resources. If your business operates in acquiring song rights and licensing music, this NAICS code applies to your primary operations.
For businesses in the music publishing space, knowing your industry classification not only helps with strategic positioning but also opens doors to small business programs and contracts tailored for your sector.
