Sony Music
Entertainment (also called
SME or Sony Music) is the second-largest global recorded music company of
the "big
four" record companies and is controlled by Sony
Corporation of America, the United States subsidiary of Japan's Sony Corporation. The
company, which evolved into Sony Music, was founded in 1929 as the American
Record Corporation (ARC) through the merger of several smaller
record companies.[3] In the depths of the Great Depression, the Columbia
Phonograph Company (founded in 1888) in the U.S. (including its Okeh Records subsidiary)
was acquired by ARC in 1934.
Warner Music Group (WMG) is a US-based business group and family
of record labels. The largest
American-owned music corporation, it is the third largest in the recording industry and one
of the big four
record companies. For three decades the conglomerate was known as
WEA, which stood for Warner Bros.-Elektra-Atlantic Records; three
major record companies that signed and developed musical acts and, in turn,
distributed product for subsidiaries and other record labels.
The current incarnation of the company as Warner Music
Group was formed in 2004 when it was spun off and made
completely separate from Time Warner;
as a result Time Warner no longer retains any ownership whatsoever in the
Warner Music Group, despite its name. WMG also has a music
publishing arm called Warner/Chappell
Music, which is one of the world's largest music-publishing
companies.
In May 2011, the
company announced its sale to Access Industries Inc. The
purchase of the company was completed on July 20, 2011; Atlantic, is a subsidiary Acto records, and stax records.
Universal Music Group (UMG) is an American multinational music company. It
is the largest of the "big
four" record companies by its leading market share and its
multitude of global operations. Universal Music Group is a wholly owned
subsidiary of French media
conglomerate Vivendi.
Universal Music Group owns a music
publisher, Universal
Music Publishing Group, which became the world's largest following
the 2007 acquisition of BMG Music
Publishing.
The UMG corporate
headquarters are located in Santa Monica,
California, United States; EMI has become (taken over) a subsidiary company to universal music group.
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