Monday, 7 July 2014

Record Labels

Major Record Labels

The music industry is dominated by four multi-national corporations:
   Universal
·          Sony Music
·          Warner Brother
        EMI
These are referred to as “The Majors”. The majority of these are backed by conglomerates with stakes in other industries such as; Film, TV and Electronics.

Major-Independents
Most of these “Majors” own, or license, a series of smaller subsidiary companies in order to reach different kinds of audiences in different kinds of genres.
·          Columbia
·          Island
·          Syco
·          RCA
·          Virgin
These companies are known as “Major-independent”.

Independents
There are a huge number of small companies with little or no financial connection to the majors. These companies often concentrate on a small number of acts, within specialised niches in the industry.
These are called "independents". An example of a highly successful independent is "Domino Records".



 It is often the case that record labels begin as independents, but then are bought by a major and then becomes major-independents.


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