Data on the album plus track equivalent albums (TEA) market share of record companies in the United States based on distribution ownership showed that Universal Music Group held the highest share in 2019, commanding 38.12 percent of the market. Meanwhile, when it came to label ownership, independent labels collectively led the way with a 35.13 percent market share.
Market share of record companies in the United States from 2012 to 2019, by distribution ownership
Characteristic
Universal Music Group
Sony Music Entertainment
Warner Music Group
Independent Labels
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distribution includes album and TEA (track equivalent albums)
Supplementary notes
Figures for 2012 to 2015 come from earlier Nielsen Company & Billboard reports. Data for the years 2017 and 2018 were not made available by the source.
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Billboard. (January 10, 2020). Market share of record companies in the United States from 2012 to 2019, by distribution ownership [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/317645/market-share-record-companies-distributor-usa/
Billboard. "Market share of record companies in the United States from 2012 to 2019, by distribution ownership." Chart. January 10, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/317645/market-share-record-companies-distributor-usa/
Billboard. (2020). Market share of record companies in the United States from 2012 to 2019, by distribution ownership. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/317645/market-share-record-companies-distributor-usa/
Billboard. "Market Share of Record Companies in The United States from 2012 to 2019, by Distribution Ownership." Statista, Statista Inc., 10 Jan 2020, https://www.statista.com/statistics/317645/market-share-record-companies-distributor-usa/
Billboard, Market share of record companies in the United States from 2012 to 2019, by distribution ownership Statista, https://www.statista.com/statistics/317645/market-share-record-companies-distributor-usa/ (last visited August 25, 2024)
Market share of record companies in the United States from 2012 to 2019, by distribution ownership [Graph], Billboard, January 10, 2020. [Online]. Available: https://www.statista.com/statistics/317645/market-share-record-companies-distributor-usa/