Top 15 Music Industries in the World

Cast your mind back into the first half of 2020. Besieged (because we all were) by frightening and depressing daily news regarding the pandemic, the global recorded music business also started to doubt the safety of its near-term future. Such anxieties were worsened in Quarter 2, once the launch schedule of the significant music groups grew markedly thin.

Better news, however, was only around the corner. The music industry’s revival carries on, as its electronic transformation generates chances for merchandising, personalization. According to Statista, the music streaming industry is expected to grow 20.7 percent per year. The ease and personalization of music streaming, together with the accessibility given by smartphones as well as smart devices, has pushed recorded music’s growth.

The 2021 IFPI music industry report shows the total revenue of the music industry was $21.6 billion last year, thanks to the streaming industry and other online music platforms. IFPI is the International Federation of the Phonographic Industry. In this guide, we gathered a list of the best 15 music businesses on earth. You may want to know who all are producing music and other kinds of stuff for amusement.

Here are the Top 15 Music Industry Companies of all time:

15. Big Hit Entertainment

Big Hit Entertainment (KRX: 352820) is a South Korean entertainment corporation created in 2005 by Bang Si-hyuk. Now it’s known as Big Hit Music from its parent corporation Hybe Corporation. In 2012, the company signed Lim Jeong-hee, also shaped the woman bunch GLAM as cooperation with Resource Music.

On March 19 March 19, 2021, Big Hit Entertainment Co., Ltd. declared they’d rebranded the company to match the new picture and reach new horizons added to their present areas of the company.

Big Hit Entertainment had increased with time to some multi-label company, serving and operating at various companies and areas. Hence, Bang Si-Hyuk, CEO and co-founder, watched the title Big Hit Entertainment didn’t entirely encompass the real significance and intent of the company.

Back in June, Big Hit established the e-commerce stage Reply, in addition to Reverse, a social networking program equally targeted toward the enthusiast communities. With over 2.5 countless users, Big Hit is well on its way.

14. Bravado

Bravado is an international music company that’s majority own by the French media corporation Vivendi, with Chinese technology corporation Tencent possessing a minority stake. The company’s roots return to the formation of the American division of Decca Records in September 1934.

In June 2007, UMG acquired Sanctuary, which finally became UMG’s amusement merchandising and new management branch, Bravado. The company represents artists from the likes of Justin Bieber, Lady Gaga, and Kanye West and has partnered with merchants including Barneys, Bloomingdale’s, and Selfridges.

On March 20 March 20, 2013, UMG declared the worldwide extension of the exclusive distribution agreement with all the Disney Music Group, excluding Japan. As a consequence of this bargain, DMG’s labels and artists have access to UMG’s roster of producers and songwriters worldwide.

13. Sony Music

Sony Music Entertainment (commonly known as Sony Music) is an American international music company. Owned by the Japanese conglomerate Sony Group Corporation, It is part of the Sony Music Group (NASDAQ: SNE), owned by Sony Corporation of America. As of 2020, Sony Music Entertainment is the 2nd biggest of the “Big Three” record companies, behind Universal Music Group and closely by Warner Music Group.

Sony has undergone a variety of changes with its global labels. Back in March 2012, Sony Music allegedly shut its Philippines office because of piracy, causing it to transfer the distribution of SME from the Philippines into Ivory Music.

In 2021, Sony agreed to purchase Kobalt’s neighboring-rights branch and separate supply company AWAL by the Kobalt Music Group for about $430 million.

In February 2016, 100,000 people signed an online petition in under 24 hours, calling for a boycott of Sony Music and the rest of the Sony-affiliated companies after rape allegations against music producer Dr. Luke were created by musical artists Kesha.

12. Vevo

Vevo is an American multinational music company, which is best known for supplying music videos to YouTube. The service can pick intelligent TVs, digital video recorders, digital media players, and streaming TV services.

The idea for Vevo was clarified as being a streaming service for music videos (like this Hulu streaming service for films and TV shows when they broadcast), with the aim being to entice high-end advertisers.

On March 15, 2013, Vevo started its Vevo TV that is an online television station running 24 hours daily, composed of music videos and specials. The station was just available to audiences in North America and Germany. Vevo TV is conducting a preset program, as video-exclusive networks managed by Viacom Media Networks.

11. Dolby

Dolby Atmos is a surrounded sound technology that Dolby Laboratories (NYSE: DLB) developed. It expands existing surround sound programs with height stations, allowing sounds to be translated as three-dimensional objects.

Dolby Atmos technology permits up to 128 audio tracks and connected spatial audio description metadata (most importantly, pan or location automation information) to be distributed to theaters for optimum, lively rendering to loudspeakers based on the theater capacities.

Universal Music Group and Warner Music Group have partnered with Dolby to create fresh and traditional records from the Atmos format. During playback, every theater’s Dolby Atmos program leaves the audio objects in real-time based on the known locations of these loudspeakers within the goal theater, like every audio object is viewed as originating from its own designated pair of coordinates.

10. Warner Music Group

Warner Music Group (NASDAQ: WMG) is one of those “big three” recording firms and the third-largest in the worldwide music business, following Universal Music Group and Sony Music Entertainment.

The movie studio Warner Bros. had no record label division; one of its own contracted celebrities, Tab Hunter, scored a No. 1 hit song from 1957 for Dot Records, a division of rival Paramount Pictures. Since August 2 August 2, 2018, Warner Music Group has expanded its business to electronic media performance through its purchase of Uproxx.

An earlier effort by Warner Bros… Records to make an in-house supply arm in 1958 did not materialize. In 1969, Elektra Records manager Jac Holzman approached Atlantic’s Jerry Wexler to set up a joint distribution system for Warner, Elektra, and Atlantic.

9. Series Limited

Kumar originally was a fruit juice vendor from Delhi, who then founded T-Series to market pirated Bollywood music in front of the company ultimately, started producing new music.
On YouTube, T-Series includes a multi-channel community, with 30 stations (such as Lahari Music) with over 184 million subscribers in July 2019.

The company’s YouTube team includes 13 people in the T-Series headquarters. T-Series’ first original film soundtrack launch was for Lallu Ram in 1984, together with music played by Ravindra Jain. T-Series afterward became a top music label with the launch of Aashiqui (1990), directed by Mahesh Bhatt.

The Aashiqui film soundtrack album, written by the duo Nadeem–Shravan, sold 20 million units in India. T-Series was mostly responsible for sparking a boom because of the Indian music business from the early 1990s.

8. Virgin Records

Virgin Records Ltd is a British independent music company that was formed by businessman Richard Branson, Simon Draper, Nik Powell, and musician Tom Newman in the year 1972.

EMI was subsequently taken over by Universal Music Group (UMGP) in 2012 with UMG 
Producing the Virgin EMI Records branch. Virgin Records America, Inc. has been the company’s North American operations formed in 1986.

They carry on to be busy and their headquarter is in Hollywood, California, and they have worked under the Capitol Music Group imprint, now also owned by UMG, as of 2007. Branson and Powell had run a little music store named Virgin Records and Tapes on Notting Hill Gate, London, specializing in krautrock imports and also supplying bean bags and complimentary vegetarian meals to the benefit of consumers listening to this music available.

The first single release for the label has been Kevin Coyne’s “Marlene” (b/w “Everybody claims”), taken from his record Marjory Razorblade and published in August 1973.

7. Island Records

Island Records is a British-Jamaican music company that is owned by Universal Music Group. It was formed in 1959 by Chris Blackwell, Graeme Goodall, and Leslie Kong in Jamaica and was eventually sold to PolyGram in 1989.

Artists who have signed to Island Records include Brian Eno, Ariana Grande, Avicii, Justin Bieber, Bob Marley, Nick Drake, Queen, Poppy, Cat Stevens, and a Lot More. Island Records was founded in Jamaica on July 4, 1959, by Graeme Goodall, Chris Blackwell, and Leslie Kong, which was partly funded by Stanley Borden from RKO. Its title was inspired by the Harry Belafonte song “Island in the Sun.”

In 2009, Island Records indicated the 50th anniversary of its foundation in Jamaica by Chris Blackwell using live concerts and an exhibition under the Island 50 banner. Following its 50th anniversary in 2009, Island Records entered its sixth decade on a wave of optimism.

6. WARP

Warp Records is a British independent music company formed in 1989 in Sheffield by record store workers Steve Beckett, Rob Mitchell, and record producer Robert Gordon. Warp was founded by Steve Beckett and the late Rob Mitchell, who had gained experience working at Sheffield’s FON record store and record producer Robert Gordon.

The name was chosen because the first name, ‘Warped Records,’ was tricky to distinguish over the phone. In 2000, the label moved its operations to London and its physical audio and merchandise store, Warpmart. Co-founder Rob Mitchell has been diagnosed with cancer in early 2001.

Warp released records from musicians like Hudson Mohawke, Flying Lotus, Mark Pritchard, Bibio, Jamie Lidell, Lonelady, Leila. 2013 saw the launch of Broadcast’s record Berberian Sound Studio, the soundtrack to the movie of the identical name.

5. XL Recordings

XL Recordings is a British independent record label founded in 1989 by Tim Palmer and Nick Halkes. It’s run and co-owned by Richard Russell since 1996. The label was started in 1989 to launch rave and dance songs.

It was initially an imprint of Beggars Banquet’s more commercial dance label Citybeat that was famous for records by actions like Freeez, Rob Base & EZ Rock, Starlight, Fantasy Frequency, and the Ultramagnetic MCs.

About January 11 January 11, 2010, XL Recordings released Vampire Weekend’s second album, Contra. It had been the group’s first album to reach number one on the US Billboard 200. In April 2016, Radiohead’s Parlophone albums moved to XL Recordings. A month later, on May 8, the group released their ninth studio album, A Moon Shaped Pool, through XL to critical acclaim.

4. Sub Pop

Sub Pop is a record label that was founded by Bruce Pavitt and Jonathan Poneman in 1986. Sub Pop attained popularity in the late 1980s for registering Seattle bands like Nirvana, Soundgarden, and Mudhoney, fundamental players in the grunge movement.

The roots of Sub Pop could be traced back to the early 1980s when Bruce Pavitt began a fanzine called Subterranean Pop which concentrated solely on American independent record labels. Pavitt undertook the job to earn course credit while attending Evergreen State College in Olympia, Washington.

In early 1988, Pavitt and Poneman quit their jobs to dedicate their whole focus to Sub Pop. Raising $43,000, they integrated that April. “Of course that has been spent, for example, thirty days,” Pavitt remembered. Poneman and Pavitt debated how the label must take, together with Poneman needing the label to be bigger and earn more income.

3. Bertelsmann Music Group

Bertelsmann Music Group (BTG) has been a branch of German media company Bertelsmann before its conclusion of selling the vast majority of its resources to Sony Corporation of America about October 1, 2008. The joint venture with Sony Music was established in August 2004.

At that moment, the company had a 21.5percent share in the worldwide music industry. While withdrawing from recorded music, Bertelsmann continued its solid presence in different music industry fields by launching BMG Rights Management, which specializes in music rights management, and by representing artists and writers.

BMG Music Publishing commanded more than a million copyrights. Writers/artists signed into the company included: Elvis Presley, Ann Wilson, Anastacia, Kylie Minogue, Jaguares, Diana Yukawa, Kent, Alcazar, and Gloria Trevi.

2. Mute Records

Mute Records Ltd. is a British independent record label owned and based in 1978 by Daniel Miller. Throughout 1983, the Australian band The Birthday Party moved from 4AD to Mute Records. The band broke up after releasing their closing 12-inch EP, “Mutiny.”

Back in 1980, Miller introduced the single”Kebab-Träume” from the German band Deutsch Amerikanische Freundschaft (D.A.F.), who’d lately transferred to London. September 1980 saw the launch of this double-holed, multi-speed 7″ only by Non & Smegma, among the very first experimental sound releases in the label.

Boyd Rice (Non) proceeded to launch several more records with Mute Records. Mute continued to encourage other experimental musicians, such as NON, to release a record of Boyd Rice’s pre-NON records, titled Boyd Rice.

1. Beggar Banquet

Beggars Banquet Records is a British independent record label. Beggars Banquet began as a series of record stores owned by Martin Mills and Nick Austin and is a portion of the Beggars Group of labels.

In 1977, spurred by the British punk rock movement (then in the peak of its popularity), Martin Mills and Nick Austin set a record label to release records under the Beggars Banquet imprint.

They also introduced the first solo “Duffo” record from Australian big-band vocalist Jeff Duff. Later in the decade and the early 1980s, strikes with Tubeway Army and Gary Numan procured the label’s future. The first band on the label was that the English punk set the Lurkers; the first release on the label was that the Lurkers’ 7″ only “Shadow”/”Love Story.”