GITNUX MARKETDATA REPORT 2024
Statistics About The Most Popular Record Labels
The most popular record labels are Universal Music Group, Sony Music Entertainment, and Warner Music Group based on revenue and market share.
Statistic 1
"Universal Music Group's revenue was approximately $8 billion in 2020."
Statistic 2
"Warner Music Group includes major labels like Atlantic Records and Elektra Records."
Statistic 3
"Universal Music Group owns major labels like Interscope, Def Jam, and Capitol Records."
Statistic 4
"Sony Music Entertainment owns notable labels such as Columbia Records and RCA Records."
Statistic 5
"In 2019, independent labels generated $6.9 billion in revenue worldwide."
Statistic 6
"Sony Music Entertainment's Columbia Records was founded in 1887, making it one of the oldest record labels."
Statistic 7
"Republic Records, a division of Universal Music Group, was named the top label by Billboard in 2020."
Statistic 8
"The "Big Three" record labels—Universal Music Group, Sony Music Entertainment, and Warner Music Group—control nearly 80% of the global music market."
Statistic 9
"Sony Music Entertainment generated over $4 billion in 2020."
Statistic 10
"Universal Music Group is the largest record label in the world by market share."
Statistic 11
"Warner Music Group's revenue surpassed $4 billion in 2020."
Statistic 12
"Independent record labels have been growing in market share, holding about 30% as of 2021."
Statistic 13
"Sony Music Entertainment's best-selling artist is Michael Jackson."
Statistic 14
"Sony Music Entertainment is the second-largest record label globally."
Statistic 15
"Warner Music Group holds approximately 20% of the global music market share."
Statistic 16
"Warner Music Group distributes music for Ed Sheeran and Cardi B."
Statistic 17
"Universal Music Group controls around 30% of the global recorded music market."
Statistic 18
"Universal Music Group is home to artists like Taylor Swift, Drake, and Lady Gaga."
Statistic 19
"In 2018, Warner Music Group became the first major label to report a revenue increase solely from streaming."
Statistic 20
"In 2020, Universal Music Group's streaming revenue accounted for approximately 54% of its total revenue."
