The full name Universal Music Group first appeared in 1996 when the MCA Music Entertainment Group was renamed Universal Music Group. Universal Music Group is the largest of the “Big Three Record Labels” and was founded 83 years ago in September 1934. The Universal Music Group announced in 2017 that it would create three new TV series "27," "Melody Island," and "Mixtape." News. Follow. A record label is the brand name for a music release. Since its inception, in 1993, the London-based Domino imprint has sponsored heavy-hitting releases from both sides of the Atlantic. Factory bequeathed us Joy Division, New Order, Happy Mondays, James and legendary super-club The Haçienda, but eventually fell foul of its own handshake deals and poor accounting, and went bankrupt in 1993. First founded in the back room of a Sheffield record shop, with a government grant, in 1989, Warp quickly took its place among the best indie record labels at the forefront of the experimental electronic music scene during the 90s and early 00s, releasing acclaimed titles such as Aphex Twin’s Selected Ambient Works Volume II, Boards Of Canada’s Music Has The Rights To Children and techno pioneers LFO’s Frequencies. The "main" company sets its overall budget and makes decisions regarding things like reducing staff. The imprint has released acclaimed US alt.pop and post-rock outfits such as Tortoise, The Sea And Cake, Eleventh Dream Day and The Fiery Furnaces. Universal Music Group is the biggest record label. The original company was based around the works of Alexander Graham Bell and his cousin, Chichester A. Founded by international award-winning recording artist/songwriter TaDa, th... EASTBLOK MUSIC is solely devoted to music and artists from Eastern Europe. It went on to become even more successful in 1992 with the release of Dr. Dre’s “The Chronic,” and was lucky enough to achieve profitability by 1993. Universal Music expressed interest in purchasing EMI in 2012 and made an offer of $1.9 billion. One of the most significant was the sale of the catalog of the celebrated band Radiohead to XL Recordings. Universal Music gained access to the work of some significantly major artists, including the Beatles, Pink Floyd, Lady Gaga, and Kanye West. Consumer watchdog groups released a report encouraging the government to halt the deal on June 14, stating that the buyout would cause major issues within the industry. Harvest was created by EMI in 1969 to help promote prog-rock acts, but it has always operated with a healthy degree of autonomy. Individual labels in the Warner Music Group: Bill Lamb is a music and arts writer with two decades of experience covering the world of entertainment and culture. Its aim... Far Out Recordings was founded in 1994 by London DJ and record producer Joe Davis. In 2006 the Universal Music Group became fully owned by the French corporation Vivendi. Hip-hop is one of the oldest music genres in American history, especially from the amazing celebrities in this industry. Based in the U.K., EMI Group has a U.S. market share of approximately one-tenth. The first of the “Big Three” record label conglomerates that sit at the peak of the industry, Warner Music Group was formerly part of Time Warner and wasn’t privatized until 2011. In this article, uDiscover Music affords this beleaguered term some overdue respect as we investigate the best indie record labels of all time. By using The Balance Careers, you accept our. 10. Originally, however, “indie” was a significantly more potent abbreviation: a diminutive of “independent,” referring to the myriad self-financed, yet influential record labels founded by maverick music fans who often discovered future superstars ahead of the major record companies. The following are the ten best hip-hop record labels of all time. The move took place in recognition of the continued growth of vinyl sales and global revenue expected to reach $1 billion for 2017. The major labels today are all three media conglomerates that operate a number of specific label imprints, or the actual company logo stamped on the recording. A record label is the brand name for a music release. Very worth a listen. The Caspian Sea is technically the largest lake in the world. This hugely influential London-based imprint was established in 1968 and took its name from reggae legend Duke Reid’s sound system (which was itself named after the brand of seven-tonne trucks needed to transport his speakers). Some artists moved to smaller independent labels or opted to self-publish in response in an attempt to gain control over their works and careers. Active from 1970-1974, Ohr (which translates as “ear”) released seminal experimental German music by Ash Ra Tempel and Popol Vuh, along with all of Tangerine Dream’s pre-Virgin albums, including the remarkable Zeit. Under these deals, the major label offers the indie's releases to stores along with their own releases, but they do not have a say in what albums the indie releases or how the indie manages its label. Sony Music Entertainment owns labels including Columbia, Epic, RCA and Jive. Republic Records also encompasses other businesses such as Casablanca Records and American Recordings. Morphing from fanzine to fledgling record label in 1986, Seattle’s Sub Pop released landmark early titles from Nirvana (Bleach), Soundgarden (the Screaming Life and Fopp EPs) and Mudhoney, and will always be celebrated for its significant contribution in delivering grunge to the masses. How the Big Four Record Labels Became the Big Three, The Story Behind the Legendary Def Jam Recordings Music Label, Profile of Sony BMG Music Including Past and Present Artists, Why Record Labels Have Such Tremendous Influence on the Music Industry, Here Is a Look at How Indie Record Labels Work, The Pros and Cons of Independent Record Label Deals, Here Are 5 Important Lessons Big Labels Learned From Indie Imprints, What You Need to Know Before You Start Your Own Record Label, Get the 411 On Starting Your Own Record Label, 360 Deals in the Music and the Associated Controversy, The Pros and Cons of Signing a Deal With a Major Record Label, Wooing a Record Label After Releasing an Album, Everything You Need to Know About Indie Label Contracts. Universal also has large labels specializing respectively in classical and Latin music. Listen to the best indie music on Spotify. Polygram was merged with the Universal Music Group in 1999. These subsidiary labels have their own staff, they sign their own artists, and they make most of their own financial decisions, but in the end, they must answer to their parent company. "Record label" is a term originally coined to describe the physical label on a vinyl record, which would display the manufacturer's name. In 2012 the Warner Music Group controlled just under 20% of music sales. Universal Music group either owns or has a significant share in labels including Interscope, Geffen, A&M, Island Def Jam Music Group, Decca and V2. So, where once there were the Big Four, now there's just the Big Three. Out of it we had movement in music whose impact s still felt. Bell, picked up the pace by signing folk rock artists such as Bob Dylan and the Byrds in the 1960s, founded back in 1942 by Buddy DeSylva, Johnny Mercer, and Glenn E. Wallichs, Capitol Music Group is now comprised of several smaller labels, become even more successful in 1992 with the release of Dr. Dre’s “The Chronic,”, over creative differences involving their album “TEN$ION,”, working with stars such as Florence + the Machine and Seth MacFarlane, left behind her long-term label of 13 years, Big Machine, to join Republic Records instead, songwriter and businessman Ahmet Ertegün along with record producer Herb Abramson, one of the greatest soul labels of the 1960s, Warner Music Group was formerly part of Time Warner, entered into publishing and recorded music deals with YouTube, 29 of the top 100 best-selling U.S. albums of all time, offices in more than 40 different countries around the globe, organize its music into genre-specific labels, and uncertainty over how profitable Michael Jackson’s legacy will be in the future, operating in 68 countries and claiming the title of market leader in most of its international markets, a catalog of songs and other recordings that stretches back for over a century, 10 Largest Privately Owned Companies in the World (by Revenue), 10 Largest Software Companies in the World. In 1934, during the Great Depression, ARC purchased the Columbia Phonograph Company. Stiff established itself as one of the best indie record labels of the punk era when it released the UK’s very first punk single, The Damned’s “New Rose,” late in 1976; the label frequently devised all manner of publicity stunts (everything from multi-artist tours to badges with slogans such as “If It Ain’t Stiff It Ain’t Worth A F__k”) to promote their artists.