![]() ![]() Japanese company Matsushita Electric bought MCA in 1990. In 1939 it branched out and in 1962 it merged with MCA. The company was founded as Decca Records in 1934. They have the largest number of artists signed with them. Universal Music Group is the biggest music company in the world. The most popular record labels in the country come under their umbrella. They have business in more than 40 countries outside the US. They have numerous labels and brands under their roof. PUBG-famed Chinese company Tencent also owns some shares. Universal Music Group or UMG Recordings Inc is an American company with most of the shares now owned by French media corporation Vivendi. These three controls most of the music market in the States right now. The three big companies are Universal Music Group, Warner Music Group, and Sony Music Entertainment. The number is so low due to various mergers of companies over the years. ![]() ![]() That is why you may see a lot of changes in the name and their business styles among record labels.Ĭurrently, there are only three big record labels in the United States. But many times, the companies cannot carry on with the music aspect of their business due to other engagements and sell off the label and everything that comes with it. Some companies truly focus on music and make immense progress in the music biz. The biggest record labels in the world are mostly owned by big companies with different other businesses. ![]() As the companies wanted to display their names alongside the artists on the records, they are known literally as record labels since then. ![]()
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