Major Record Labels

Major record Labels 

Major record labels like Sony ME, Universal Music Group, Warner Music Group are all part of an oligopoly as they are the "Big Three" owners of the music industry, as they also own several smaller record labels.

Sony ME is a multinational global corporation which has many subsidiary labels as it helps them to appeal to a wider demographic.
The three largest are Epic Records,  Columbia Records and RCA.
Other subsidiaries:

• Provident Label Group
• Verity Gospel Music Group
• Syco Music 
• Masterworks
• Roc Nation 

As they own many different subsidiaries they also manage many artists:

• Carrie Underwood
• Labrinth 
• Rebecca Ferguson
• Usher 
• Rita Ora 
• Michael Jackson

Sony is a castle industry as it has many different branches; Finance, Music, Movie and Electronics.

As they deal with many areas they usually cross-promote so Will Smith in the movie Men in Black was promote by Sony as an actor/singer as he sang the soundtrack.

As for electronics, Sony makes:

• Camera and camcorders 
• Computing
• Tablets
• Portable Audio
• TV&home cinema 
• Playstation 
• Sony Smart Phones 

Universal Music Group (UMG) is a global music which was founded in 1934 as Decca Records but was then bought over by MCA Music Entertainment Group and in 1996 was renamed to UMG which in 2006 was bought over by Vivendi as it now one of its subsidiaries.
Universal music group has many subsidiaries as it is the biggest competitor in the music industry; Their biggest labels are:

• The island Def Jam Music Group
• Interscope Records
• Geffen Records
• A&M Records
• Universal Republic Records 
• Virgin Records
• Mercury Music Group
• EMI recorded music operations 

Artists they manage:

• Andrea Bocelli
• Azealia Banks 
• Bryan Adams
• Rihanna
• Kanye West 
• Snow Patrol
• Will.I.Am 
• One Republic

Universal Music Group co-developed Vevo with Sony ME, which allows free view music videos similar inspired by Hulu.com, and are better quality than those on YouTube.

Warner Music Group (WMG) was founded in 1958 by Warner Brothers, which is now owned by Access Industry who officially started managing the company in June 2011.

WMG has many subsidiary labels, although the major ones are:

• Atlantic Records Group 
• Warner Bros. Records Group 
• Rhino Entertainment 
• Warner Music Nashville 
• Independent Label Group
• Alternative Distribution Alliance

Artist they manage:

• Michael Buble 
• Paramore 
• Led Zeppelin
• Green Day
• Plan B
• Frank Sinatra
• Bruno Mars
• Wiz Khalifa 
• B.o.B
• Jason Mraz

Warner Music Group doesn't have any links within the media, but its parent company Access Industry as it owns Top Up TV which includes channels such as Discovery Channel/Real Time, British Eurosport, UKTV Gold, Cartoon Network, Boomerang and other.

Acision is also part of Access Industry as it is the market leader in mobile communications.