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The largest record label in the U.S. is Universal Music Group. Universal Music Group has a revenue of just over $10.0 billion in 2021 and a market share of 37.5%. The next biggest record label in the U.S. is Sony Music Entertainment, with an annual revenue of $8.3 billion in 2021. How big is the U.S. record industry?

Start a record label by following these 10 steps: Plan your Record Label. Form your Record Label into a Legal Entity. Register your Record Label for Taxes. Open a Business Bank Account & Credit Card. Set up Accounting for your Record Label. Get the Necessary Permits & Licenses for your Record Label. Get Record Label Insurance.

The three major labels in today's industry are Universal Music Group, Sony Music Entertainment and Warner Music Group ? with each having their own subsidiaries.

The 6 Best Record Labels in the World Republic Records. Parent company: Universal Music Group. ... Interscope Records. Parent company: Universal Music Group. ... RCA Records. Parent company: Sony Music Entertainment. ... BMG Rights Management. Parent company: Bertelsmann Music Group. ... Columbia Records.

Is Owning a Record Label Profitable? It can be profitable, but it's very hard to get to that point, especially as an indie record label.

Atlantic Records has entered into an artist development partnership and joint venture label deal with Detroit-based music company Assemble Sound. Assemble will serve as an external partner, with its own established team and facilities, to discover and develop artists.

Merchandising. Artists and labels can always earn some extra cash by selling music merch at live events and online. The key to selling enough merchandise to make a profit doesn't simply lie with how good the music behind the merch is, but how cool your branding looks. So make sure to focus on quality and design.

The 3 major record labels are: Universal Music Group. Sony Music. Warner Music Group.