Record labels manage the production, distribution, marketing, and copyright protection of music recordings and videos. They search for and develop new artists while maintaining contracts with recording artists. Sony Music Entertainment is the second largest global recorded music company, controlled by Sony Corporation of America and headquartered in New York. In 2012, Sony Music filed charges against IsoHunt claiming the website was designed to profit from rampant copyright infringement. EMI Group is the fourth largest music company and family of record labels, headquartered in London with a major publishing arm. However, EMI faced financial troubles and $4 billion in debt.

1. Institutions/ Record Labels
A record label is a trademark associated with the marketing of music recordings and music videos. A
record label is the company that manages brands and trademarks, coordinates the production,
manufacture, distribution, marketing and promotion and enforcement of copyright protection of
sound recordings and music videos. They also search for new and develop them as well as
maintaining contracts with recording artists and their managers. The term "record label" derives
from the circular label in the center of a vinyl record which prominently displays the manufacturer's
name along with other information.
Sony Music Entertainment
Sony Music Entertainment also called SME or Sony Music is the second largest global recorded music
company and is controlled by Sony Corporation of America.
Founded – 1929
Genre – Various
Industry- Music and Entertainment
Headquarters - New York
Criticism
On May 2012 Sony Music filed charges against the website IsoHunt. The plaintifs claims in
the court document filled at the supreme court of British Columbia: "The IsoHunt Websites
have been designed and are operated by the defendants with the sole purpose of profiting
from rampant copyright infringement which defendants actively encourage, promote,
authorize, induce, aid, abet, materially contribute to and commercially profit from.”
In 2011–2012 Sony Music Inc. expresses explicit supports for SOPA (Stop Online Piracy Act)
and the PIPA (PROTECT IP Act)
EMI
The EMI Group also known as EMI Music or simply EMI is a British multinational music company
headquartered in London, United Kingdom. It is the fourth largest business group and family of
record labels in the recording industry. EMI Group also has a major publishing arm EMI Music
Publishing also based in London with offices globally. The company was once a constituent of the
FTSE 100 Index but faced financial troubles and $4 billion dollars in debt.
Founded – 1931
Employees – 5,500
Industry – Music Entertainment
Type – Private Company