The music industry is dominated by four major record labels: Sony Music Entertainment, EMI, Warner, and Universal. The document also discusses how smaller conglomerate companies own niche parts of the market, while sales of CDs are falling by 9% annually as digital music sales rise 7%. Piracy is estimated to cost the music industry over 4 billion pounds per year in lost revenue.

1. Music industry
Looking at the key factors

2. The Big Four
The music industry is dominated by four big companies and
also the record labels that make it up. As well as songwriters,
producers, managers, singers and directors. The four
companies that dominate are as follows:
 Sony Music Entertainment
 EMI
 Warner
 Universal

3. Other Companies that control the
market…
Smaller conglomerate companies that own other companies
not music related, have a share in the market. Where EMI for
example aims for the mass audience targeting everyone, these
smaller markets aim for a niche audience as well as a
mainstream artist.
Rise and Fall in sales of Hardware copies of music and Digital:
 Sales of CD’s falling steadily (9%)
 Sales in digital copies rising (7%)
Piracy produces a loss of 4 Billion+ pounds on annual
revenue.

4. Synergy connecting the music
industry to the film…
Frozen Soundtrack hits 4 miliion copies sold in the
US (2015). Also reached number 1 on the album
charts.
Fifty shades of grey soundtrack featured famous
artists and created a profit 7 Billion+ pound.

5. Music Buyer Vs. Streamers
 It has been said by
many in the industry
that free streaming
sites such as
YouTube or
Soundcloud create
a massive impact
on the market, as a
large proportion of
consumers regularly
stream songs
instead of buying.