Universal Music Group (UMG), an American-French global music corporation is one of the world 's’ top three major record labels. It has about 28 percent of the total US album market share and earns yearly revenues of $1.5 billion dollars. The label has one of the most impressive catalogs globally which include superstars such as Lady Gaga, Justin Bieber, Avicii, Kanye West and Bon Jovi. Universal, like all the other major labels, has sub-labels. Def Jam Recordings and Island Records are a couple examples of the many labels that exist under UMG. The company 's main headquarters are located in Santa Monica, California, but they also have a multitude of offices spread across the world. Due to its large size and extensive amount of capital and …show more content…
Record labels are responsible for the production, manufacture, distribution, promotion and enforcement of copyright for sound recordings. They are also in charge of discovering new artists (A&R) and maintaining contracts with artists and their managers. Record labels are divided into two main categories: majors and indies. Majors have a parent company, a distribution arm and a publishing arm. Independent labels are independently owned, have a 3rd party distributor and usually have no publishing arm. The three major record labels are Sony Music Entertainment, Universal Music Group, and Warner Music Group; these majors have sub-labels such Atlantic Records (Warner) and Columbia Records (Sony). There are thousands of indie labels (300 Entertainment, Mad Decent, etc.) yet they only represented about a third of the total US album market share in 2015. Majors have substantial amounts of capital at their disposal and key divisions in-house (distribution, publishing), often putting them at an advantage over their smaller competitors. The below graph shows just how large a share of the US recorded music market the major labels controlled in 2015 compared to their many independent
Although it may be perceived that music is a free market based on the love of music, others may argue it is based on profit. In the article “U2’s double trouble,” the band Negativland proclaims that Island Record’s, U2’s record label, only concern in the lawsuit is, “to control the marketplace” (139). Negativland believes Island is trying to control what music is being made and sold. Island is so focused on profit that they are limiting the musical market.
If you are looking for a professional record label that you can rely on, Lloud Music is the place for you. Their main goal is to develop new talent and pass along experiences that can benefit hardworking musicians. They strive to be a force in the music industry and an unmatched
Mixing cultures and influences from reggae to pop, hip hop, and even punk, Island has shaken up ideas and introduced new genres to mainstream music, bringing cultures into the musical spotlight halfway across the world. Still alive and thriving today, Island has produced some of the music industry’s biggest names and groups including Jimmy Buffet, The B-52s, U2, and Bob Marley. But like all companies, Island too started out as a hobby before it was even a small business; and the story is incredible.
What has been great for the underground scene is its ability to sell more records now, and that is by and large due to the increase of smaller, independent record labels(see chapter 1). Labels such as Rawkus, Fondle ‘Em, Stones Throw, Goodvibe, ABB Records, and others can compete with majors like Bad Boy and Def Jam now because they are backed by people who have money and want to see hip-hop culture survive.
The Stefani B Collection should come up with a segmentation process. The following factors that should be in the process contain the following: sustainability, measurability, accessibility, serviceability. Sustainability is about ensuring a large enough customer base to make sufficient sales and profit. The brand should also consider the potential for future growth. It is important to connect with the customers, having a variety of merchandise that keep customers interested. Next, measurability is thinking of the store’s size and buying power. An example of this would be thinking of a high school coming in to match jewelry with their prom dresses; how many high school seniors attend that school or what is the average income of families
of 2005 and 2006, a lot of labels were devoted to the genre and helped it grow even more.
Elana Sanguigni April 18, 2016 Honors Music Term Paper. The Wind Ensemble and Concert Band reflect a rich history. The formation of the Concert and Wind Ensemble bands dates back to the Middle Ages and Medieval Times. The Concert Band and Wind Ensemble have evolved over the years, due in part to significant historical events, music combinations, individuals, and progress.
Merlin Entertainments, for example, regularly employ intellectual property for the main purpose of marketing an attraction, as opposed to using a franchise to open new doors in terms of creativity in a built environment. Originally penned as ‘Project Dylan’, Thorpe Park’s ‘ SAW- The Ride’ opened in the spring of 2009, with the horror-themed property only being licensed near the end of the design phase. ‘Project Dylan’ was designed to resemble a run-down saw mill, with a facade of rusted, corrugated metal, and old wooden planks. However, even after acquiring a license to use the franchise’s name for it’s attraction, Merlin Entertainments hardly changed the design of the themed environment at all.
In this case, there are three main effects of Napster on the recording industry. The first one is that it caused a large decline in record sales in a short time. According to this case, the spending on recorded music in U.S dropped 4.1% in 2001 and the industry’s top 10 albums also sold much less compared to the year before. The second effect is that it cased the sales of CD burners, blank CDs and digital audio players increase and nowadays, most new computers come with CD-RW drives installed, which means people can easily store downloaded music, share music with friends and take it with them anytime as well. The third effect is that it increased the cost of recorded music. Once people can download free music through peer-to-peer software services, they have less incentive to buy original editions, which will make recording industry spend more to fight against copyrights and invest more in new artists and new music. Overall, these three effects make the recording industry go through a hard time.
has grown into a $49.7 billion corporation by clearly focusing on the goal of enabling commerce around the globe.
Becoming a music producer can mean discovering and helping make the careers of artists. However, it takes time, effort, training and contacts. That's because a music producer has plenty of responsibilities during an album's production, both on the creative and the business looks sides. The producer supervises all aspects of the recording process, from helping to select songs to contracting with session players and deciding the sound of the song, selecting the studio and engineers, booking studio time and overseeing the recording budget.
Record Producer is a person who creates beats for other music artist or for themselves. A producer has many roles such as creating a blueprint for the project, selecting songs and musicians, coaching the artist in the studio, controlling the recording sessions, and supervising the entire production. Producers also often take on a wider management role with responsibility for the cost, schedules, and negotiations. A producer aims to gain popularity in the music industry or individual positive exposure to music labels (such music companies as Sony, OVO sound, Def Jams, etc.) Nowadays record producers create music to get label contract or to be heard on the radio.
Although a lot of times the artists the labels push are not successful, there are also times where they succeed. Artists such as Pink Floyd, the Rolling Stones, ACDC, Foo Fighters, Journey, The Beastie Boys, Eddie Van Halen, Rick Springfield, The Beatles, and Nirvana are all examples of successful artists who were picked up by record companies because they were the next new, big, thing andor because they were considered to have potential for making money. The record industry has been around for about a century, and recently the record industry has taken on a transformation. There were many changes in the business of music records from the 1980s onward.... ... middle of paper ... ...
Music Business Music Business Exam Number One Question 1 - What is The music publishing industry at a glance would seem to be those who print sheet music, method books, lead sheets, and all of the texts or notated music that musicians (and those aspiring to be musicians) use. Years ago, this was what most music publishers did, but as the industry has evolved, the process has become much more complex. Music is not just ink and paper, intellectual material and property to the individual who writes it. Therefore, the song does not become "a song" when it is written down. This is not an easy concept to grasp because the song itself has no physical makeup.
Throughout their career, Coldplay have continued to develop their sound whilst staying grounded and in touch with the world around them. Over almost the past two decades Coldplay has been taking the world by storm with their music reaching all corners of the world, Coldplay have a very diverse range of fans and followers aiding in their ever-increasing involvement in issues affecting a broad majority of the world. Though their journey to fame was a relatively slow burn, Coldplays flare for entertaining, passion for performance, ongoing release of music and constant charity work has kept them in the publics’ line of sight for over 18 years. Coldplay have been nominated for and won a multitude of awards during their career and have been and still