There are many roles that a record label must play in order to successfully sell both music and the artist. Below I have listed some of the main ones in the form of a spider diagram:
The music industry is split into two main types of record labels. One is the big name labels who dominate the market and the other is the independent record labels who don't have as much market share but are rapidly growing due to advances in technology and free platforms such as YouTube.
First we have the three biggest record labels, which are; Universal Music Group (UMG), Sony Music Entertainment and Warner Music Group. These three record labels dominate the market and control around 70% of the world's music industry.
As well as the big dominant record labels there are also independent, smaller ones that also work to produce and sell music. Some examples of British independent record labels include; 3 Beat Records, PMR Records and National Anthem.
Below is a recent article from The Guardian talking about how PMR Records are redefining pop music:
Overall, from all the research into record labels that I have conducted, I would like my artist to be signed to a record label who embrace new and upcoming artists and help them find their image and also help them find their sound in terms of their music as well.
My name is Thakshana Yogeswaran and I am a media student at The Latymer School. My candidate number is 9179.
I am working in Group 3 with Gift Emesi (9044), Angela Chen (9025) and Monica Aghadiuno (9365)
In order to view my work please click on the 3 labels on the right named A2 Research and Planning, A2 Construction and A2 evaluation.