Sunday, 20 October 2013

Major Record Labels

In the music industry there are companies who are superior, so they have the most consumer intake and usually manufacture the most record labels. They Buy smaller firms and have the money to sign up more artists and make them into superstars, in order to make more income.

The music industry is dominated by four multinational major companies such as:



Universal


 - universal are a big company that have possession of many smaller companies in the industry.  Universal owns smaller companies such as Hollywood Records and Cash Money Record artists. Artists that have been signed to universal are Black Eyed Peas and Janet Jackson.


Sony Music

 - Sony music also dominate in the market by owning Echo records and corporations such as Syco music. Many artists have been built up by Sony music such as Britney Spears, Justin Timberlake and Usher. 







Warner Brothers
 - The Warner brothers own companies such as The Stanley Company of America and First national pictures. They produced artists such as Cher and Biffy Clyro.




EMI

 - Emi own many small companies such as Abbey road studios, charisma records and Ten Records. They produced artists such as Cliff Richard and Lily Allen.




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. 

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