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They are Warner Music, EMI Group, Universal Music Group (UMG), Bertelsmann Music Group (BMG) and Sony. These also own distribution companies that control over 80% of the wholesale market. They are also becoming a bigger presence in the retail sale of recordings. Furthermore, they have rights to much of the copyrighted music, often not the artists who originally wrote the music...
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Furthermore, they have rights to much of the copyrighted music, often not the artists who originally wrote the music. The oligopolies are growing and concentrating. And it seems every time an independent begins to build new markets, it soon gets bought out by one of the big guys
The pace of consolidation is increasing...
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