themusicindustrycasestudy
Thursday, 19 January 2012
Island Records (major)
Island Records is a record label that was founded by Chris Blackwell in Jamaica. It was based in the United Kingdom for many years and is now owned by Universal Music Group. The label now operates as a division of The Island Def Jam Motown Music Group in the United States (where it is now a largely rock-oriented label, much like in its heyday) and as a standalone label in the United Kingdom (also known as Island Records Group or Universal Island). Since 2007, there is also a frontline local artist and repertoire label in Australia known as Island Records Australia, run by Universal Music Australia. Island Records was also the founding company behind the highly influential Anime licensor Manga Entertainment, which has changed hands numerous times during the 90's and early 2000's.
Thursday, 12 January 2012
Global Music Market
The UK is the Third largest market in the world for the sales of music. Sales in the UK amounted to 10.4% of all music is sold globally in 2004.
Universal Music Group
- Universal Music Group (UMG) is the world's leading music company and is comprised of two core buisnesses; recorded music and music publishing.
- It develops, markets and distributes recorded music through a network of subsidiaries, joint ventures and licensees in 77 countries, representing 98% of the music market.
- UMG sells and distributes music video and DVD products, and licenses recordings, encouraging the legal distribution of music online and over cellular, cable and satelite networks.
- Universal Music Publishing Group, is the world's leading publishing buisness; it owns and acuires rights to the musical compositions and licenses them for use in recordings and related uses; such as films and advertisements.
- In the U.S Universal Music Group Distribution is the industry market share leader and consists of four majoy divisions;
- Universal Music Distribution (UMD): Handles distribution and sales for UMG's diverse roster of labels as well as a wide variety of associated labels; and UMGD Digital manages and distributes all of Universal Music Group's digital assests including mobile.
- Fontana: Fontana is the company's independent sales, marketing and distribution arm
- Vivendi Entertainment: (VE) is its theatrical and home entertainment distribution division
- UMGD Digital: In some markets outside the U.S, UMG companies handle their own distribution and sales. In other markets, UMG companies have sub-contracted services to third parties or entereted into distribution joint ventures with other record companies.
Music Industry Terminology
Convergence of Technology and Convergence of Industrial Activity: Hardware and software coming together across media, and companies coming together across similar boundaries, to make the distinction between different types of media and differerent media industries increasingly dubious.
Synergy: the coming together of two seperate media texts in such a way as to benefit both.
Conglomerate: An international company with a wide and varied range of commercial interests. e.g; News Coporation, with its transcontinental interest in the publishing of books, magazines and newspaper, film and televison production and satellite broadcasting, is a good example.
Globalisation: The shift in media distribution from local or national to international and the whole world at once. Culturally, describes the process of 'sameness' over the world, typified by the availability of McDonalds in most nations
Analogue Music: In media technology, a method of recording visual and sound images Analogue technonolgy represents the shape or apperence of an object in an unbroken form.
Digitalisation: Is music been transferred by binorycode.
Vertical Integration:When a media company profits from all aspects of production, distribution and consumption/exhibition
Horizontal Integration: The merger of competing companies from the same line of buisness and involoved at the same level of activty.
- Mergers or take-overs that would allow particular companies to dominate a market and create a monopoly are subject laws restricting ownership and government regulation.
Major Record Label: A record label which owns a high percentage of the sale costs within the music industry.
Subsidiary Label: Is a smaller label branched from and owned by a major label
Independent Label: A media organisation or activity that is not connected to a major company
Niche Audience: Is a small but specific audience that are targeted in a certain way.
Mainstream Audience: An audience that feel comfortable with the status cuo and feel threatened by change.
Fans: A person who has a strong interest in or admiration for a perticular sport, art form or famous person.
Active audiences: Audience members who already are interested in an organisation, issue or cause.
Audiophiles: Is a person who has a great interest in high-fidelity sound reproduction
Early Adopters: Is a person who embraces new technology before most other people do.
Consumption: Use of goods or of services
Web 2.0:The second phase of the internet, where the focus shifts from people recieving information and services to people creating and sharing material
Meta-tags/Personalisation: Individualisted: made for or directer or adjusted to a particular individual.
Download: The practice of selecting and receiving digital information from an online source on a computer, as opposed to sending it by upload.
Streaming: Is multimedia that is constantly received by and presented to an end-user while being delivered by a streaming provider.
Peer to peer:The sharing of media material between two parties in an equal relationship
Piracy:Distribution of media material that infringes copyright law
Portability/Miniaturasation:
Mulit-track: Is a method of sound recording that allows for the separate recording of multiple sound sources to create a cohesive whole.
Sampling:Is the act of taking a portion, or sample, of one sound recording and reusing it as an instrument or a different sound recording of a song or piece.
Digital Audio Workstation (DAW):Is an electronic system designed solely or primarily for recording, editing and playing back digital audio.
A&R - Artists and Repetoire: Is the division of a record label that is responsible for talent scouting and overseeing the artistic development of recording artists. It also acts as a liaison between artists and the record label
Record Deal - contract - royalties:
Distribution:
Plugging/Marketing: the transmission of information about a media text to a target audience in such a way as to maximise its appeal to that audience.
- Marketing is a process designed to ensure the commercial and financial sucess of a product and a healthy return on money invested.
-Successful marketing involves strategies based on a detailed knowledge of product and audience and the use of a wide variety of methods to stimulate audience interest.
Synergy: the coming together of two seperate media texts in such a way as to benefit both.
Conglomerate: An international company with a wide and varied range of commercial interests. e.g; News Coporation, with its transcontinental interest in the publishing of books, magazines and newspaper, film and televison production and satellite broadcasting, is a good example.
Globalisation: The shift in media distribution from local or national to international and the whole world at once. Culturally, describes the process of 'sameness' over the world, typified by the availability of McDonalds in most nations
Analogue Music: In media technology, a method of recording visual and sound images Analogue technonolgy represents the shape or apperence of an object in an unbroken form.
Digitalisation: Is music been transferred by binorycode.
Vertical Integration:When a media company profits from all aspects of production, distribution and consumption/exhibition
Horizontal Integration: The merger of competing companies from the same line of buisness and involoved at the same level of activty.
- Mergers or take-overs that would allow particular companies to dominate a market and create a monopoly are subject laws restricting ownership and government regulation.
Major Record Label: A record label which owns a high percentage of the sale costs within the music industry.
Subsidiary Label: Is a smaller label branched from and owned by a major label
Independent Label: A media organisation or activity that is not connected to a major company
Niche Audience: Is a small but specific audience that are targeted in a certain way.
Mainstream Audience: An audience that feel comfortable with the status cuo and feel threatened by change.
Fans: A person who has a strong interest in or admiration for a perticular sport, art form or famous person.
Active audiences: Audience members who already are interested in an organisation, issue or cause.
Audiophiles: Is a person who has a great interest in high-fidelity sound reproduction
Early Adopters: Is a person who embraces new technology before most other people do.
Consumption: Use of goods or of services
Web 2.0:The second phase of the internet, where the focus shifts from people recieving information and services to people creating and sharing material
Meta-tags/Personalisation: Individualisted: made for or directer or adjusted to a particular individual.
Download: The practice of selecting and receiving digital information from an online source on a computer, as opposed to sending it by upload.
Streaming: Is multimedia that is constantly received by and presented to an end-user while being delivered by a streaming provider.
Peer to peer:The sharing of media material between two parties in an equal relationship
Piracy:Distribution of media material that infringes copyright law
Portability/Miniaturasation:
Mulit-track: Is a method of sound recording that allows for the separate recording of multiple sound sources to create a cohesive whole.
Sampling:Is the act of taking a portion, or sample, of one sound recording and reusing it as an instrument or a different sound recording of a song or piece.
Digital Audio Workstation (DAW):Is an electronic system designed solely or primarily for recording, editing and playing back digital audio.
A&R - Artists and Repetoire: Is the division of a record label that is responsible for talent scouting and overseeing the artistic development of recording artists. It also acts as a liaison between artists and the record label
Record Deal - contract - royalties:
Distribution:
Plugging/Marketing: the transmission of information about a media text to a target audience in such a way as to maximise its appeal to that audience.
- Marketing is a process designed to ensure the commercial and financial sucess of a product and a healthy return on money invested.
-Successful marketing involves strategies based on a detailed knowledge of product and audience and the use of a wide variety of methods to stimulate audience interest.
Wednesday, 11 January 2012
Warner Brothers
- WMG is a global leader in national and international reportire and home t osome of the best known labels in the recording industryRHO054TTTR43EL,BROJIJK,M tic, Cordless, Rhine, Roadrunner, Rykodisc, Warner Bros, Warner Music, Nashville and Word
- In addition to its U.S labels, WMG operates through numerous affiliates and licenses in more than 50 countries.
- Their recorded music buisness includes growing artist service buisness which offers artitist magagement, merchandising, touring, fan clubs, VIP ticketing, sponsorships and brand endorsements and numerous third-party soloutions that faciliate the sale of music-based content directly to consumers
- Warner/Chappell Music, is one of the world's leading music publishers, with a cataloguee of more than one million songs from more than 65,000 songwriters.
- In recent years, they've grown to become the world's third largest recording music buisness and third-largest music publishing buisness, one of the music industry's most successful companies.
Sony/BMG
- A global record group founded on March 3rd 2004
- Sony BMG was a joint 50/50 company between Sony Music Entertainment and Bertelsmann Music Group (BMG)
- It owned and distributed record labels such as: Epic Records, Columbia Records and RCA.
- On August 5, 2008 Sony Corp, agreed to buy Bertelsmanns 50 percent stake $1.2 billion to get full control. The music company was renamed Sony Music Entertainment Inc.
- RCA label group
- Sony CGM
- Columbia
- Syco
Some Current Artisits Include:
- Justin Timberlake
- Foo Fighters
- Kings of Leon
- Bruce Springsteen
- Glassvegas
- The View
- The Script
... and many more.
Where to start?
"The Big 3"
- Sony/BMG 21.5%
- Warner brothers 11.3%
- Universal 39%
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