Major Record Labels In The Uk

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Major Record labels in the UK

description

the big four

Transcript of Major Record Labels In The Uk

Page 1: Major Record Labels In The Uk

Major Record labels in the UK

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Sony and BMG music entertainment• Sony and BMG were a 50/50 joint venture in

2004

• in 2008 Sony bought BMG’s share and now have total ownership (new name sony music entertainment)

• in 2005 Sony BMG was fined 10 million dollars after the New York Attorney General's office determined that they had been practicing payola mostly in the form of direct payments to radio stations to promote various artists including Franz Ferdinand, Audioslave, and Jessica Simpson.

• In 2007, Sony BMG sued Jammie Thomas. The single mother, who made US$36,000 a year, was ordered to pay US$222,220 in damages for making 24 songs available for download on the Kazaa file-sharing network.

• the federal trade commission sued Sony BMG for collecting and displaying personal data of 30,00 minors without personal consent via its websites since 2004 violating the FTC act and the children's online privacy act. sony paid a $1 million fine.

Kasabien

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Warner music

Madonna

• Part of Warner brothers records and movie studio

• over the years it has struggled with debt, and has tried (and failed) several times to take over EMI, as well as BMG (sony won)

• as part of WEA it became very successful

• Warner merged with AOL (service provider) in 2000,

•When they disbanded with AOL in 2004, Warner was in debt and lost several employees to rival labels.

Fleetwood Mac

PrinceThe pretenders

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Universal Music GroupIn May 2006, an

investigation led by the New York attorney general, found that Universal Music

Group bribed radio stations to play songs from

Ashlee Simpson, Brian McKnight, Big Tymers, Nick Lachey, Lindsay Lohan and other performers under

Universal labels.The company paid $12

million to the state in settlement

They are the largest business group and family of record labels in the recording industry. And the

largest of the "big four" record companies by its commanding market share and its

multitude of global operations. Universal Music Group is a wholly owned subsidiary of international

French media conglomerate Vivendi.

Universal Music Group owns a music publisher,

Universal Music Publishing Group, which became the world's

largest following the acquisition of BMG Music Publishing in May

2007.