2. Mercury Records are owned by Universal MusicGroup. In the UK they’re
distributed byVirgin EMI records however in America it’s Island Records.
Firstly formed in 1945,Chicago by Irving Green, Berle Adams, and Ray
Greenberg holding great influence in jazz, blues,rock and classical
music.
• Irving Green was born in Chicago, Illinois. He sold Mercury Records
to Consolidated Electronics industry.After leaving Mercury Records
he became “real estate developer” in Palm Springs.
• Born in Chicago,Illinois BerleAdams in his early life whilst at school
he rented speaker systems, booked events (weddings and proms
etc). During the Great Depression he would sell “life insurance door
to door”.
Mercury Records:
Famous artists signed to Mercury Records:
• Billy Ray Cyrus
• IggyAzalea
• Pixie Lott
• Elton John
• Anastacia
7. Mainstream Advantages:
• “Worldwide exposure to
your music
• Increased fan base
• More chances for
monetary gain
(concerts,increased
album sales etc.)
• Greater royalties from
increased marketing of
your music.
• Upfront costs eg. studio
time, music videos , CD
packaging etc. taken
cared of by label.”
Mainstream Disadvantages
• “Label takes a large
percentage of you
income
• Label’s may own the
master recordings/rights
to your music unless
otherwise stated in your
contract.
• Failure to sell a specific
number of albums can
cause you to lose your
recording contract and
all your hard work
Independent Disadvantages
• Lack of funds
• Disorganization
• Independent labels have less
influence and power within
the music industry
Independent Advantages
• Artists get rights
to their music
• Close
relationships/link
with the record
label