Lesson Notes

http://www.zimbalam.co.uk/ Offer to sell your single on iTunes, e-music, amazone MP3, Tesco and HMV etc for the fee of £19.99 for a single and £29.99 for an album.

3 Major record labels

• Warner 11.3%
• Sony 21.5%
• Universal  25.5% (and 13.4% from the recently taken over EMI)
• (There used to be four the latter being EMI but they were recently taken over by Universal.)

A "major" is defined as a multinational company which together with the companies in its group has more than 5% of the world market for the sale of records and/or music videos. There are also 1000s of Independent Labels which make up 28.4% of the world market sales for records and music videos.

E.g. Def Jam Records was formally an independent record label, but was taken over by Universal and became a subsidiary, they have signed artists such as Rihanna and Ne-yo.

XL Recordings are a British Independent Label they have signed artists such as Adele.