The four major record labels - EMI, Warner, Sony, and Universal - dominate over 70% of the music industry market and own the rights to thousands of popular artists who regularly top the charts. Independent labels have less than 30% market share as they have smaller budgets and must compete against the major labels. However, Adele signing with an independent label shows that even smaller labels can achieve number one hits and worldwide fame.

1. RECORD LABELS

2. THE BIG 4
 These are four of the main music companies. EMI, warner, Sony and
universal. These four monopolies the music industry owning over 70%
of the market. They have 1000’s of the best and well known artists
which continually have number one records and albums.

3. INDEPENDENT MUSIC
LABELS
 Independent have as little shares in the music industry as they own less that
30%. They are continually competing with the big four. As they have less
money an control there music videos are less impressive as the other.
However Adele was signed to a independent music label showing us that even
though they aren't as big they still can reach number ones and world
recognition.