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The main branches of the music industry are the live music industry, the recording industry, and all the companies that train, support, supply and represent musicians.. The recording industry produces three separate products: compositions (songs, pieces, lyrics), recordings (audio and video) and media (such as CDs or MP3s, and DVDs).
Warner Music Group Corp., [6] commonly abbreviated as WMG, is an American multinational entertainment and record label conglomerate headquartered in New York City.It is one of the "big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Entertainment (SME).
Universal Music Group N.V. [3] (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Dutch–American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum , Netherlands and its operational headquarters are located in Santa Monica , California.
EMI Music Publishing has [when?] won the Music Week Award for Publisher of the Year every year for over 10 years; in 2009, for the first time in history the award was shared jointly with Universal Music Publishing. [98] As is often [citation needed] the case in the music industry, the publishing arm and record label are very separate businesses.
Broadcast Music, Inc. (BMI) is a performance rights organization in the United States. It collects blanket license fees from businesses that use music, entitling those businesses to play or sync any songs from BMI's repertoire of over 22.4 million musical works.
Large Drops in the Live Music and Concert Industries. The live music industry saw a 75% decline in 2020, according to Goldman Sachs. Up to 85% of live music revenue will be lost in the United ...
Sony Music UK has made key acquisitions including forming Insanity Records with Insanity Management. Craig David became the first artist to sign an album deal with Insanity Records. Sony Music UK signed Robbie Williams, who released his 11th album The Heavy Entertainment Show in 2016. Jason Iley commented that the agreement was "a once in a ...
Oliver Anthony is stepping back from the music industry.. His announcement comes just over a year since his song “Rich Men North of Richmond” claimed the No.1 spot on the Billboard Hot 100 ...