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- Jay Lowder
- Universal Music Group (UMG) Revenue: $9.4 Billion. Headquarters: Hilversum, Netherlands (corporate) and Santa Monica, California (operational.) Biggest Artists: Post Malone, Billie Eilish, Taylor Swift.
- Sony Music Entertainment (SME) Revenue: $5.77 billion. Headquarters: New York, New York. Biggest Artists: Pink, Black Eyed Peas, Adele, Michael Jackson. Sony Music Entertainment began back in 1929.
- Warner Music Group (WMG) Revenue: $5.3 billion. Headquarters: New York, New York. Biggest Artists: Ed Sheeran, Bruno Mars, Coldplay. Warner Music Group was launched in 1958 by movie moguls Warner Brothers.
- BMG Rights Management (BMG) Revenue: $784 million. Headquarters: New York, New York. Biggest Artists: Jason Aldean, Lenny Kravitz, David Bowie. Bertelsmann Music Group (BMG) is a German media company launched in 1985 when it combined with RCA Records.
- Lucian Grainge Chairman/CEO, Universal Music Group
- Rob Stringer Chairman, Sony Music Group
- Stephen Cooper CEO, Warner Music Group Max Lousada CEO, Warner Recorded Music
- Hartwig Masuch CEO, BMG
- Ron Perry Chairman/CEO, Columbia Records
- Michelle Jubelirer Chairman/CEO, Capitol Music Group
- Ethiopia Habtemariam Chairman/CEO, Motown Records
- Scott Pascucci CEO, Concord Bob Valentine President, Concord
- Randy Goodman Chairman/CEO, Sony Music Nashville
- Richard Story President, Commercial Music Group, Sony Music Entertainment
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 distribu...
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. Group market share:26.11% Sony spent 2021 in acquisition overdrive. The label group kept Bruce Springsteen and Bob...
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. Group market share:19.17% WMG e...
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 reporte...
Estimated U.S. revenue:$673.06M Includes revenue from:RECORDS and a portion of labels distributed by Sony-owned distributor The Orchard. Market share:7.15% The label shook off key departures — A&R leaders Justin Eshak and Imran Majid left to run Island Records, and urban music co-head Shawn Holiday departed to start a label with Irving Azoff — to r...
Estimated U.S. revenue:$639.20M Includes revenue from:Motown and distribution divisions Virgin and Capitol Christian Music Group. Market share:6.81% The promotion of respected CMG veteran Jubelirer in December, after the brief reign of Jeff Vaughn, has reenergized the label group that counts Halsey, Katy Perry and Sam Smith among its artists. Last ...
Estimated U.S. revenue:$82.52M Includes revenue from:Quality Control. Market share:0.90% March 2021 signaled a sea change for Motown as it became a stand-alone label under the Universal Music Group umbrella and Habtemariam was named chairman/CEO. A new COO, Alison Finley, and marketing head, Brian Nolan, have followed. Thanks to its partnerships wi...
Estimated U.S. revenue:$159.55M Market share:1.68% Along with an executive shuffle that promoted Valentine to president, Concord extended its global distribution deal with Universal and began testing the market for a sale or refinancing in October that would likely top $4 billion based on Billboard estimates. As a label that deals largely in catalo...
Estimated U.S. revenue:$174.87M Market share:1.99% Luke Combs continued to deliver in 2021: He was Billboard’s No. 2 top country artist and top male country artist of the year behind Morgan Wallen, as well as the all-genre No. 20 top streaming songs artist. And he took home the top prize at the 2021 Country Music Association Awards: entertainer of ...
Estimated U.S. revenue:$176.77M Market share:1.91% Under Story, CMG, which includes Sony’s catalog label, Legacy Records, and its SyncShop licensing department — the latter’s revenue is not counted in the label’s overall revenue estimate — posted a record-high market share for its sixth straight year. Legacy’s 2021 releases included the film and so...
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- Universal Music Group. 2022 Annual Revenue: $10.0 billion. Universal Music Group, sometimes called UMG Recordings, Inc. is an American company. While they are an American company, their majority owner is a French media conglomerate called Vivendi, and a Chinese tech company, Tencent, owns a minority share.
- Sony Music Entertainment. 2022 Annual Revenue: $8.3 billion. Sony Music Entertainment is an American music company that is part of Sony Music Group and has a global reach.
- Warner Music Group. 2021 Annual Revenue: $5.9 billion. The third of the big three is Warner Music Group. Don’t feel bad for them, they’re still an incredible business and own some of the most successful labels in the world.
- Independent Music Labels. 2021 Annual Revenue: $9.9 billion. It may seem that all record labels fall under the big three, but some holdouts have resisted that trend.
- 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.
Jan 13, 2024 · January 13, 2024 by Musician Authority. Where the Magic Begins. Record labels are the birthplaces of musical magic, where artists’ dreams take flight and melodies become timeless. In this exploration of the world’s most famous record labels, we embark on a journey through the corridors of musical history.
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Mar 13, 2020 · The 7 Most Influential Record Labels of All Time. By Mark Stock March 13, 2020. Don Bartletti/Los Angeles Times/Getty Images. The modern music scene has been overseen by a large family of...
Record labels in the U.S. - statistics & facts. United States. The role of the record company is to nurture, promote, and distribute music around the world, and with global music industry...
