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Existing Music Labels

Existing Music Labels

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Published by: xx-charlotte-brown-xx on Sep 18, 2012
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09/18/2012

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Existing Music Labels
 
The Majors
Since 2008-2011 there has been four major music labels includingSong Music Entertainment, Warner Music Group, Universal Music
Group and EMI Group; namely The Big Four.
 
However, since late 2011, this has become ‘The Big Three’ with
EMI absorbing into UMG and pending approval.
 
Universal Music Group
Universal Music Group (UMG) is an American multinational music company. It is the largest of the"big four" record companies by its leading market share and its multitude of global operations.Universal Music Group is a wholly owned subsidiary of French media conglomerate Vivendi.Universal Music Group owns a music publisher, Universal Music Publishing Group, which becamethe world's largest following the 2007 acquisition of BMG Music Publishing.With the 2004 acquisition of Vivendi's Vivendi Universal Entertainment by General Electric's NBC,Universal Music Group was entirely separated from Universal Pictures. This is the second time amusic company has done so, the first being Time Warner and Warner Music Group completelyseparating from each other.Doug Morris stepped down from his position as CEO on January 1, 2011. Former Chairman/CEO of Universal Music International Lucian Grainge was promoted to CEO of the company. Morrisbecame the next chairman of Sony Music Entertainment on July 1, 2011On November 11, 2011 UMG won its bid for EMI's recorded music operations. The purchase iscurrently awaiting regulatory approval.

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