The Music Industry:

The music industry is more 'open' and 'controllable' than filmmaking and traditional broadcast television. It is slip into two 'sections': The majors and the subsidiaries (a company controlled by a holding company)  they own. And the smaller independents (this section makes up approximately 20% of the market).
Vertical Integration definition'Vertical integration is the process in which several steps in the production and/or distribution of a product or service are controlled by a single company or entity, in order to increase that company’s or entity’s power in the marketplace.'

The Music Industry definition; 'the organization of the various activities associated with performing, recording and distributing access to the world.' 
The focal points within this industry are the three following: 
  • Production - recording music
  • Distribution - promoting music; shops, radio, films, downloads etc.
  • Consumption - buying music; concerts, downloads etc.
The "Big Four" companies that dominate the music industry includes; Sony Music Entertainment (SME), Universal Music, EMI Music and Warner Brothers. 



Below, I have included a short powerpoint presentation to highlight these key companies within the music industry. Covering how each company applies production, distribution and consumption, making them so successful and widely recognized.

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