Thursday, 8 September 2011

Research into the music industry

The industry
In the music industry, a record label is a brand and a trademark associated with the marketing of music recordings and music videos.  A record label is the company that manages such brands and trademarks, coordinates the production, manufacture, distribution, marketing and promotion, and enforcement of copyright protection of sound recordings and music videos.
“A record label is the brand name for a music release. The major labels today are all 4 media conglomerates that operate a number of specific label imprints - the actual company logo stamped on the recording. Major labels account for 70% of music sales worldwide and 85% of music sales in the U.S.”

The first of four major record labels are 

1. Universal Music Group
“The Universal Music Group sells more music than any other major label. They accounted for 25.5% of the market in 2005, according to IFPI. The group's well-known label imprints include Geffen, Interscope, Island, Motown, and Universal.”
Universal music group is comprised of artists covering the full field of music around the world, making UMG the leader in both international and local repertoire. Artists signed to UMG throughout the world include:
North America
Justin Bieber
Rihanna
Lady Gaga
Nicky Minaj
Maroon 5

Europe
Florence + The Machine
Snow Patrol
Jessie J
Mumford & Sons
elbow

Latin America
Enrique Iglesias

and other artists coming from Asia Pacific
Key facts
·         With 51 offices in 43 territories, Universal Music Publishing Group (UMPG) is the industry's largest global music publishing operation.
·         UMG has offices in 72 countries. UMG’s corporate headquarters are located at 2220 Colorado Avenue, Santa Monica, CA 90404 and 1755 Broadway, New York, NY 10019.
·         UMPG represents music in every genre from some of the world’s hottest songwriters and catalogs including Abba, Adele, Lily Allen, Maroon 5, Mumford + Sons, Coldplay, etc.
Universal Music Group 2010 history
·         The Black Eyed Peas become first group to sell over 6 million US digital downloads with “I Gotta Feeling”
·         VEVO named #1 online music destination by comScore
·         UMPG acquires publishing assets of Emack music Rondor Music Publishing partners with Nacional Records for Canciones Nacionales
·         Universal Records South merges with Show Dog to create label, Show Dog–Universal Music Lady Gaga becomes first artist to have her first 5 singles reach #1 
2. Sony BMG Music Entertainment
Sony BMG Music Entertainment is the second biggest major record label in music sales.
“They accounted for 21.5% of the market in 2005. The company's well-known label imprints include Arista, Columbia, Epic, J, Jive, and RCA.”
“Sony Music Entertainment is a global recorded music company with a roster that includes a broad array of both local artists and international superstars. The company boasts a vast catalog that comprises some of the most important recordings in history. It is home to premier record labels representing music from every genre.”
Sony music entertainment has featured artists including
Beyonce
Avril lavigne
Briteny spears
Foster the people
Chris brown
Foo fighters

 

3. EMI Group
The EMI Group is the third biggest major record label in music sales.
“They accounted for 13.4% of the market in 2005. The group's well-known label imprints include Astralwerks, Capitol, EMI, Mute, and Virgin.”
EMI Music brings artists and fans together by driving action and creating value wherever music is experienced. Emi’s record labels include “Angel, Astralwerks, Blue Note, Capitol, Capitol Latin, Capitol Records Nashville, EMI Classics, EMI CMG, EMI Records, EMI Records Nashville, Manhattan, Parlophone, Virgin Classics and Virgin Records.”
Artists on EMI labels include Bat For Lashes, The Beatles, Beastie Boys, Lady Antebellum, Katy Perry, Pink Floyd, Corinne Bailey Rae,  Tinie Tempah, Thirty Seconds To Mars and many more.
key fact 
EMI Music’s first websites went live in 1993 and 1994 and in 1998 EMI streamed the first complete album over the internet, ‘Mezzanine’ by Massive Attack.

The following year EMI was the first company to release a digital album download, David Bowie’s ‘…Hours’.
EMI also launched the first internet video single in 2001.
EMI also launched the first internet video single in 2001.


4. Warner Music Group
The Warner Music Group is the fourth major record label in music sales.
“They accounted for 11.3% of the market in 2005. The group's well-known label imprints include Asylum, Atlantic, Lava, Reprise, Rhino, and Warner Bros.” WMG comprises an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available.
The following link show a timeline of Warner music groups history, dating back to 1800 to the present date 
http://www.wmg.com/

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