Major vs Indies
- 2. A major label is a record label which is dominant in the industry. They own 75% of the worlds music and 80-90% of the US market. There are three big record labels: - Sony music entertainment. Warner Music Group. Universal Music Group Advantages: •Well financed •They have better access to money •They are able to offer artists stability, advances and top production resources. •
- 3. An indie label is ‘independent’ they lack the ability of major distribution. are independently funded and not linked in with the ‘Big Three’. It can be a real struggle to get the music heard, as they may not have the power of marketing. There are many independent record labels: Roughtrade, Domino, XL Recordings and Fools Gold. Advantages: •They are able to be more creative •- Make better and more creative use of new media technologies •Not encumbered by long corporate approval process
- 4. Universal Music Group Universal Music Group (UMG) is the global music leader with strong market positions in recorded music, music publishing, and merchandising. I t was founded in 1934 but named as Decca Records. However in 1966 the name was changed to Universal Music Group. UMG’s roster is comprised of artists covering the full spectrum of music around the world, making UMG the leader in both international and local repertoire. Artists signed to UMG throughout the world include , Avicii, Corinne Bailey Rae, Gary Barlow, Bastille, David Bisbal Justin Bieber, The Black Eyed Peas, Mary J. Blige, Bon Jovi, Mariah Carey.
- 5. Warner Music Group (WMG), also known asWarner Music, is an American major global record company. It is the largest American-owned music conglomerate worldwide, it is one of the 'big three' recording companies (the third largest in the global music industry). WMG have signed world known artists which include , Clean Bandit, Cher , Wiz khalifia , Oasis , Coldplay, Estelle, B.o.B and many other artists .
- 6. Universal Music Group (UMG) is the global music leader with strong market positions in recorded music, music publishing, and merchandising. Sony Music Entertainment is an American music corporation owned and operated by Sony corporation of America , a subsidiary of Japanese conglomerate Sony Corporation n 1987, SCA bought the company and, in 1991, renamed it SME. It is the world's second largest music company. Sony Music Entertainment has signed artist such as , Michael Jackson, Pitbull, Jennifer Hudson, Usher and many more .
- 7. Rough Trade Records is an independent record label based in London. It was formed in 1978 by Geoff Travis . Travis began to manage acts and distribute bands and began the label, which was informed by left-wing politics and structured as a Cooperative. Soon after, Rough Trade also set up a distribution arm that serviced independent retail outlets across Britain, a network that became known as the Cartel. Rough Trade have signed artists which include, The Smiths , The Strokes, The Libertines and many more.