Warner Music Group is one of the major music labels known as the "BIG THREE". It was founded in 1958 and is based in New York. Warner Music Group owns various popular artists and their music. The document discusses two of Warner Music Group's sub-labels - Full Frequency Range Recordings, a dance music label founded in 1986, and Atlantic Records, one of the most iconic labels in music history founded in 1947 known for artists like Ray Charles, Led Zeppelin, and Aretha Franklin.