The music industry is dominated by four
multi national corporations;
Universal
Universal

Sony Music

Warner Brothers

EMI

These are referred to as ‘The Majors’. The
majority of these are backed by conglomerates with stakes in other industries
such as; Film, TV and Electronics.
Major Independent
Most of these ‘Majors’
own, or license, a series of smaller subsidiary companies in order to reach
different kinds of audiences in different kinds of genre. These include:
Columbia

Island

Syco

RCA

Virgin
Independent
•There are a huge number of small companies
with little or no financial connection to the majors.
• These companies often concentrate on a
small number of acts, within specialised niches in the industry.
•These are called ‘Independents’. An example of a highly successful
independent is ‘Domino Records’.
•It is often that record labels begin as
independents, but then are bought by a major and then become
major-independents.
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