2. Record labels help to produce the
music videos that go along with the
songs their artists release. This
brings in a profit for the company.
3. Warner Music Group
Warner Music Group is the largest American
owned music conglomerate worldwide. It is also
the third largest in the global music industry.
It was formerly owned by Time Warner, before it
was publicly traded on the New York Stock
Exchange until May 2011, when it announced its
privatization and sale to Access Industries.
They own a number of different record labels, such
as Atlantic Records, Warner Bros. Records,
Roadrunner Records, Fueled By Ramen, and
many others.
4. Sony Music Entertainment
Sony is an American music corporation
owned by Sony Corporation of America, a
subsidiary of Japanese conglomerate Sony
Corporation. It is the second largest in the
global music industry.
Sony owns many record labels, including
Columbia Records, RCA Records, Epic
Records, and Roc Nation.
5. EMI
EMI is a British multinational music
corporation. It is the fourth largest record
label in the global music industry.
It owns many different record labels, such
as EMI Records, Parlophone , Virgin
Records, and Capitol Records.
6. Universal Music Group
Universal is the largest music corporation in
the world. It operates as a subsidiary of
Paris-based media conglomerate Vivendi.
They own a number of different record
labels, such as Interscope Records, Capitol
Records, Virgin Records, Motown Records,
Def Jam Recordings, and Island Records.
7. Universal Music Group
Universal is the largest music corporation in
the world. It operates as a subsidiary of
Paris-based media conglomerate Vivendi.
They own a number of different record
labels, such as Interscope Records, Capitol
Records, Virgin Records, Motown Records,
Def Jam Recordings, and Island Records.