In the music industry, there are 4 major companies which are known as The Majors. The Majors are backed by businesses which have branches in other forms of Media. This would include: TV, Film and more. These companies are called Conglomerates. There are 4 majors:
- Universal
Artists include - ABBA, Bon Jovi and Guns N' Roses
- Sony Music
Artists include - George Michael, Ozzy Osbourne and Duran Duran
- EMI
Artists include - David Bowie, Robbie Williams and John Lennon
- Warner Bros
Artists include - Craig David, Metallica and Kylie Minogue
Major-Independents
Most of the Major-Independents own or have a licence to smaller independent companies. They usually own quite a few of these independent companies and they are able to reach different audiences as the smaller independent companies that they own specialise in different genres of music which appeal to different audiences.
- Syco
Artists include - Westlife, Susan Boyle and Olly Murs
- RCA
Artists include - Christina Aguilera, Daughtry and Jermaine Jackson
- Virgin
Artists include - Boy George, Phil Collins and Janet Jackson
- Island
Artists include - Enrique Inglesias, Snow Patrol and U2
- Columbia
Artists include - AC/DC, Aerosmith and Celine Dion
Independents
Independent companies are ones of which that have little/no financial connections to the Majors. The Independent Companies often have a very small number of acts as they usually don't have the finances to have contracts with more acts. Independent Companies usually base themselves on specialised niches which have their own music styles. Record Labels often start as independents but are bought by Majors and become Major-Independents.
An example of a highly successful Independent company is "Domino Records".
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