MBU 1110 Lecture Notes - Lecture 6: Warner Music Group, Artists And Repertoire, Razor & Tie
13 Jan 2017
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Document Summary
I recording industry statistics: the record market, the recording industry is a tight oligopoly. , it is effective competition even though only three firms together control more than 80% of the market: Independent labels and artists, in turn, are those not majority owned, or under contract with, any of the three major labels or their subsidiaries, namely universal music group, sony music entertainment and warner. This doesn"t factor in partnerships between independents and majors, which can cover things like distribution, marketing, radio promo, and more. ": indies control only about 11-14% of market, but captured more than. Ii recording contracts: exclusive services, only perform on recording for that label, records master , perform on records is a legal term, master; the final original recording of one record. Don"t pay you for free goods (promotional) 10% (i) if the manufacturer makes x amount of albums, 10% is set aside as free goods.
