WaTunes: UMG Extends Market Lead Over Sony – Remains Dominant Major Label [STUDY]

March 26, 2011 at 3:44 pm Leave a comment

Source: Hypebot

<img class="asset asset-image at-xid-6a00d83451b36c69e2014e86f5b69a970d" title="image from www.universalmusic.com” src=”http://www.hypebot.com/.a/6a00d83451b36c69e2014e86f5b69a970d-200wi&#8221; alt=”image from www.universalmusic.com” style=”margin: 0px 5px 5px 0px;” /> Universal Music Group extended its lead over Sony Music Entertainment last year following an increase in its market share of recorded music sales, says new research from Music & Copyright. SMI, while it did lose some share, still remained quite a ways ahead of its nearest rival WMG.

In 2010, UMG increased its market share of physical music sales to 28.7% from 27.6% in 2009. In terms of publishing, however, things are much different. While EMI is the smallest of the four major labels, it increased its publishing share to 19.7% last year from 19.3% to in 2009. Lastly, adding all the revenues received by the major music groups, Music & Copyright has determined the total figure for 2010 stood at $19.8 billion, down by 7.4% from $21.4 billion in 2009.

Revenue Chart:

image from musicandcopyright.files.wordpress.com






Publishing Chart:

image from musicandcopyright.files.wordpress.com


Entry filed under: Uncategorized.

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