Data on the album plus track equivalent albums (TEA) market share of record companies in the United States showed that independent record labels held a market share of 35.13 of all U.S. sales in 2019 when it came to label ownership, more than double that of Warner Music Group. Over the years, UMG's share has grown as Sony's has fallen, and Warner Music Group's market share has increased by roughly 1.5 percent since 2011.
Market share of record companies in the United States from 2011 to 2019, by label ownership
Characteristic
Independent labels
Universal Music Group
Sony Music Entertainment
Warner Music Group
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ownership includes album and TEA (track equivalent albums)
Supplementary notes
Figures for the period 2011 to 2015 come from previous Nielsen Company & Billboard reports. Figures for EMI do not exist after 2012 as it was sold to Universal Music Group. Figures for the years 2016, 2017, and 2018 were not provided by the source.
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Billboard. (January 10, 2020). Market share of record companies in the United States from 2011 to 2019, by label ownership [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/317632/market-share-record-companies-label-ownership-usa/
Billboard. "Market share of record companies in the United States from 2011 to 2019, by label ownership." Chart. January 10, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/317632/market-share-record-companies-label-ownership-usa/
Billboard. (2020). Market share of record companies in the United States from 2011 to 2019, by label ownership. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/317632/market-share-record-companies-label-ownership-usa/
Billboard. "Market Share of Record Companies in The United States from 2011 to 2019, by Label Ownership." Statista, Statista Inc., 10 Jan 2020, https://www.statista.com/statistics/317632/market-share-record-companies-label-ownership-usa/
Billboard, Market share of record companies in the United States from 2011 to 2019, by label ownership Statista, https://www.statista.com/statistics/317632/market-share-record-companies-label-ownership-usa/ (last visited August 25, 2024)
Market share of record companies in the United States from 2011 to 2019, by label ownership [Graph], Billboard, January 10, 2020. [Online]. Available: https://www.statista.com/statistics/317632/market-share-record-companies-label-ownership-usa/