-The development of the music industry is massively linked to the development of technology. -Each of the ‘big four’ music industries consist of many smaller companies and labels serving different markets and regions. -The ‘big four’ represent as much as 70% of the worldwide market, the other small percentage is thousands of different independent labels. -Vertical integration is the idea that a company owns all stages of production, distribution and consumption. -Each of the ‘big four’ are conglomerate companies, this means that the company owns a controlling stake in a number of smaller companies, which conduct business separately. PRODUCTION – recording music DISTRIBUTION – promoting music and getting it into shops, on the radio and downloaded for payment CONSUMPTION – people buying CD’s, downloading music, paying for live concert tickets and purchasing related merchandise products.
Is the UK biggest music industry with wholly owned record operations and licenses in 77 countries.
It’s businesses include Universal Music Publishing Group, the industries leading global publishing operation.
-Universal Music Group headquarters are in the US.
-They have an estimated 25.6% share of the global music market.
-They have a large market share in digital distribution and this is primarily due to the fact that the company offers the largest digital distribution catalog.
-They have market leading positions in recorded music, music publishing and merchandising.
-They sell music branded artists merchandise through multiple sale points, like the internet and at live performances.
-Take That - Rizzle Kicks - Snow Patrol
The Wanted -The Rolling Stones -Rihanna
McFly - Ndubz -Lady Gaga
Jessie J -Justin Bieber - Kasier Chiefs
-AM Records -Fiction -Island Record Group
-Mercury Records -Polydor -London Recordings
-Geffen -Decca Records - The Verve
-Warner music is the third largest out of the ‘big 4’, it is one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.
-They comprise an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available.
Operates through numerous international affiliates and licensees in more than 50 countries.
They have a growing artist services business, which offers artist management, merchandising, touring, fan clubs, VIP ticketing, sponsorships and brand endorsements.
Their primary music publishing business (Warner/Chappell Music) is one of the world's leading music publishers, with a catalog of more than one million songs from more than 65,000 songwriters.
ARTISTS: -Aerosmith -Bruno Mars -Michael Buble -Jason Derulo -Flo Rida -Green Day -Linkin Park -Oasis -Plan B -B.O.B -Cee Lo Green -Alesha Dixon RECORD LABELS: -East West Records -Rykodisc -Cordless Recordings -Atlantic -Elektra -Roadrunner
-EMI is a British World’s leading music companie, they bring artists and fans together to create value wherever music is experienced. -EMI Music has agreements with hundreds of digital partners to distribute their music across the globe, covering a huge variety of digital music business models and ideas. -Their headquarters are based in London. -They provide a global menu of commercial services and seamless access to an expanding range of revenue streams and business models, including digital and physical distribution, sales, press and promotion, marketing, licensing, synch, brand partnerships, live recordings and merchandising. -They have a major publishing arm, EMI music publishing. -Through their network of licenses and their own company, they are able to serve their artists, consumer and partners all over the world.
ARTISTS: -Lily Allen -The Beatles -Coldplay -David Guetta -Kylie Minogue -Katy Perry -Tinie Tempah -Professor Green -Robbie Wiliams RECORD LABELS: -Blue Note -Capitol -Imperial -Priority -Caroline -Virgin Records
Sony is the second largest global recorded music company in the ‘big four’.
Sony music is wholly owned by sony corporation of America.
Its headquarters are based in New York City.
Sony also produces lots of other digital technology like TV’s and MP3’s, these allow people to listen to their music.
Sony’s manufacturing is based in Japan, America, Europe and China.
Their revenue was $5.672 million in 2010 and their operating income was $469 million also in 2010.
The company signed a content deal with the popular video sharing community YouTube.
They have very good customer satisfaction because of their quality of products.
ARTISTS: -Foo Fighters -Olly Murs -One Direction -Michael Jackson -Chris Brown -Avril Lavigne -Alicia Keys -Calvin Harris -JLS -Kelly Clarkson -Kings of Leon -Madonna RECORD LABELS: -Columbia -Epic -Legacy -Masterworks -BNA -Verity -RCA -Roc Nation -Arista