EMI is the UK’s market-leading record company again but RCA wins back streaming crown Labels
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“It came about for me observing and watching Death Row Records be moved around, mishandled by different owners, and me just watching my legacy just fall apart,” he explained on the It Is What It Is podcast last month. He ended up purchasing his own masters and publishing in the lead-up to rebuilding Death Row over the subsequent two years, including the streaming release of all the music in the label’s catalogue. The future will likely see more independent labels thriving, thanks to accessible technology and global platforms. Owners of record labels who adapt to these changes will play a crucial role in shaping the music of tomorrow.
They complemented their state-of-the-art hardware with an incredible music catalog, ranging from big-band and avant-garde jazz to punk rock and pop music. Later on, Atlantic Records was acquired by Warner Music Group (then called Warner Bros.-Seven Arts) and expanded into rock music. The signings of artists such as Led Zeppelin and Yes helped to give new life to a business that was mostly known for its soul music hits. Partly documented in the Ray Charles 2004 biopic “Ray,” Atlantic Records was founded in 1947 by the Turkish-American brothers Ahmet and Nesuhi Ertegun. The Erteguns were passionate about the Black music of the ’40s and invested heavily in soul music, jazz, and R&B artists.
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BMG Rights Management is the fourth big player in the worldwide record industry market. Unlike most labels on the list, it was record label never acquired by one of the big three. A corporation of its own, BMG Rights Management is simultaneously a record label and a music publisher. Founded in 1995 and relaunched in 2012, Republic Records is an American record label owned by the Universal Music Group.
Their market share victory in 2024 was down to the consistent success of artists including Taylor Swift. The Tortured Poets Department was the year’s biggest album with 783,820 units. Some stay much smaller, but punch way above their weight in terms of their impact on the spirit of a country’s music. For South Africa, one such label is As-Shams/The Sun, whose founder, Rashid Vally, passed away on 7 December aged 85. When they put their neck on the line and make a commitment to an artist, it shows others “that there’s a belief behind a record, that’s it’s going to do well,” Meola explains.
The first, in 2020, was Imvuselelo, from dynamic young trumpeter Mandla Mlangeni with a team of north European musical collaborators. That, in turn, led to collaborations between the young pop stars of Harari and established jazzmen who worked with As-Shams such as Kippie Moeketsi. Vally was avidly attending jam sessions in Johannesburg convened by city jazzmen at places such as Dorkay House and Club Pelican in Soweto. He was impressed by the quality of musicianship he encountered from musicians such as pianist Gideon Nxumalo and drummer Early Mabuza. So next time you listen to your favorite song, take a moment to appreciate the people behind the scenes—the ones who made it possible. The label upped its cred with Italian rockers Måneskin, whose platinum cover of The Four Seasons’ “Beggin’” logged 11 weeks atop Alternative Airplay, the most of any song in 2021, and scored a coveted spot on Saturday Night Live in January.