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Apr 9, 2023 · The largest record label in the U.S. is Universal Music Group. Universal Music Group has a revenue of just over $10.0 billion in 2021 and a market share of 37.5%. The next biggest record label in the U.S. is Sony Music Entertainment, with an annual revenue of $8.3 billion in 2021.
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- Universal Music Group (UMG) Established in 1934 as the American branch of Decca Records, Universal Music Group (UMG) – now a subsidiary of French conglomerate Vivendi – adopted its current name in late 1996.
- Sony Music Entertainment (SME) Founded as American Record Corporation (ARC) in 1929, the current number-two record label was acquired by Sony Corporation in 1988 and renamed Sony Music Entertainment (SME) in 1991.
- Warner Music Group (WMG) Warner Music Group (WMG), founded in 1958 as Warner Bros. Records, has firmly established itself as one of the world’s biggest record labels.
- BMG Rights Management. As mentioned, Sony Music Entertainment bought German conglomerate Bertelsmann’s share of Sony BMG in October of 2008. However, Bertelsmann promptly proceeded to reenter the music scene (maintaining the rights to a small portion of the music from the Sony joint venture) with BMG Rights Management, a combined label and publisher that’s quickly made clear its place among the biggest record labels.
- Lucian Grainge. Chairman/CEO, Universal Music Group. Estimated U.S. revenue: $3.53B. Includes revenue from: Interscope Geffen A&M, Republic Records, Def Jam Recordings, Capitol Music Group, Universal Latino, Universal Music Group Nashville, Universal Music Enterprises, Island, Big Machine Label Group, Cash Money Records, Victor Victor Worldwide and Motown Records, as well as Roc Nation, and its distributed labels Concord and Disney Music Group, as well as its indie distributors Ingrooves and Virgin.
- Rob Stringer. Chairman, Sony Music Group. Estimated U.S. revenue: $2.40B. Includes revenue from: Columbia Records, RCA Records, Epic Records, Sony Commerical Music Group, Sony Latin Iberia, Sony Music Nashville, Alamo, Arista Records, RECORDS, Rimas Entertainment and The Orchard.
- Stephen Cooper. CEO, Warner Music Group. Max Lousada. CEO, Warner Recorded Music. Estimated U.S. revenue: $1.77B. Includes revenue from: Atlantic Records, Elektra Music Group, 300 Entertainment, Warner Records, Warner Nashville, Rhino Records, Warner Music Latin America and its indie distributor the Alternative Distribution Alliance, which is also estimated and included in WMG’s overall market share.
- Hartwig Masuch. CEO, BMG. Estimated U.S. revenue: $113M. Market share: 1.11% The aspiring “fourth major” punched above its weight last year, growing its global revenue, including publishing, by 10% to almost $785 million in 2021, through a partnership with global investment firm KKR to acquire ZZ Top’s music interests, including the band’s publishing catalog, in a deal reportedly valued at $50 million.
Apr 23, 2022 · We’ve created and organized this list by categorizing and ranking each record label based on its previous year’s revenue and overall market share. Here’s our list of the 10 biggest record labels in the world: 10. Interscope Records. Revenue: $57 million. Headquarters: Santa Monica, California.
- Jay Lowder
The three major record labels today are Warner Music Group, Sony Music, and Universal Music Group. Which Major Labels Are The Biggest? Universal Music Group are currently the biggest label in the world. You can see the market share of each of the major labels in the chart below: Indie Labels vs. Major Labels.
Mar 19, 2024 · Universal Music Group, Sony Music Entertainment, and Warner Music Group are by far the largest record labels in the world. Consisting of many smaller labels, the three corporations control approximately 69% of the market share.
Mar 31, 2023 · The three major labels in today’s industry are Universal Music Group, Sony Music Entertainment and Warner Music Group — with each having their own subsidiaries. Independent labels...
