Big Four record companies
E472898
The Big Four record companies were the four dominant multinational music corporations that controlled the majority of the global recorded music market before industry consolidation reduced their number.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Big Four record companies canonical | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
group of companies
ⓘ
music industry oligopoly ⓘ |
| alsoKnownAs |
major record labels
ⓘ
the majors NERFINISHED ⓘ |
| businessModel |
distribution of recorded music
ⓘ
ownership of music catalogs ⓘ signing and promoting recording artists ⓘ |
| characteristic |
control of major labels and subsidiaries
ⓘ
multinational operations ⓘ vertical integration ⓘ |
| countryOfHeadquarters |
United Kingdom
NERFINISHED
ⓘ
United States of America ⓘ
surface form:
United States
|
| distributionChannels |
digital downloads
ⓘ
physical media ⓘ streaming platforms ⓘ |
| effectOnMarket |
high concentration of ownership
ⓘ
limited competition among major labels ⓘ |
| followedBy | Big Three record companies NERFINISHED ⓘ |
| industry |
music industry
ⓘ
recorded music industry ⓘ |
| influenced |
artist contract standards
ⓘ
global popular music ⓘ music distribution practices ⓘ |
| marketPosition | dominant ⓘ |
| marketShare | majority of global recorded music sales ⓘ |
| member |
EMI
NERFINISHED
ⓘ
Sony Music Entertainment NERFINISHED ⓘ Universal Music Group NERFINISHED ⓘ Warner Music Group NERFINISHED ⓘ |
| numberOfMembers | 4 ⓘ |
| partOf | global entertainment industry ⓘ |
| precededBy | Big Six record companies NERFINISHED ⓘ |
| reasonForDecline |
acquisition of EMI
ⓘ
industry consolidation ⓘ |
| regulatoryAttentionFrom |
European Commission
NERFINISHED
ⓘ
United States Department of Justice NERFINISHED ⓘ |
| significantEvent |
acquisition of EMI by Universal Music Group
ⓘ
consolidation of major record labels ⓘ sale of EMI assets to Sony Music Entertainment ⓘ sale of EMI assets to Warner Music Group ⓘ |
| temporalCoverage |
2000s
ⓘ
early 2010s ⓘ late 1990s ⓘ |
| typicalContracts |
exclusive recording agreements
ⓘ
multi-album recording contracts ⓘ |
| typicalSubsidiaries |
genre-specific labels
ⓘ
regional labels ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.