The Big Four

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Transcript of The Big Four

Page 1: The Big Four
Page 2: The Big Four

•Warner Music Group (WMG) is the third-largest business group and family of record labels in the recording industry, making it one of the big four record companies.

• In December 2008, negotiations between WMG and YouTube broke down. As a result, Warner Music Group continuously blocked or muted videos on YouTube that feature music recordings belonging to its labels.

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•In July 2009 there were reports that EMI would not sell CDs to independent album retailers in a bid to cut costs.

•EMI recording artist, Lilly Allen created a blog to support her campaign against illegal file sharing.

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•Universal Music Group (UMG) is the largest business group and family of record labels in the recording industry. It is the largest of the "big four" record companies by its commanding market share and its multitude of global

operations.

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•In 2008 the Federal Trade Commission sued Sony BMG for collecting and displaying personal data of 30,000 minors without parental consent via its websites since 2004, violating the Federal Trade Commission Act and the Children's Online Privacy Protection Act. Sony did not restrict minor children's participation in its websites. Sony paid a $1 million fine.