Right now, there are two different types of record labels; major labels and independent labels.
Major Record Labels
Major record labels have a lot of money and power to make themselves a good reputation in the industry. They are able to spend a lot of money into the promotion of their artists so that they can release albums successfully. They use a lot of digital media to promote all of their artists, radio and TV being among them. They also use magazines and newspapers to promote artists, so that people who prefer reading can see the artists. Showing that they cover a lot of different media so that they can reach out to a vast audience.
There are a few disadvantages to belonging to a major record label, a few artists believe that they rip off their artists with unfair deals, rewarding the the business team more than the artist who created the music. They are also known for promoting unoriginal music so that it is safer for them, they don't like taking risks with someone unique and different incase the audience isn't as big and successful as mainstream music.
For 2013, there are three main Major Record Labels that have dominated the music industry, them three being 'Universal Music Group', 'Sony Music Entertainment' and 'Warner Music Group'.
Independent Record Labels
Independent record labels (indie) work in a very different way to the major record labels. Independent labels work very closely with all of their artists to help develop and promote their music, helping the artists to create the track that they had in their mind. This is very different and unlike major labels who are run by business executives, only thinking about the profit and not the thoughts of the artists.
The downsides of independent companies is that only recently have music consumers been recognising how much independent companies do for their artists. Independent companies also don't have as much money to fund their artists as major labels do, which will obviously effect how the audience of the artists music, due to not being as advertised as other artists.
Independent record labels (indie) work in a very different way to the major record labels. Independent labels work very closely with all of their artists to help develop and promote their music, helping the artists to create the track that they had in their mind. This is very different and unlike major labels who are run by business executives, only thinking about the profit and not the thoughts of the artists.
The downsides of independent companies is that only recently have music consumers been recognising how much independent companies do for their artists. Independent companies also don't have as much money to fund their artists as major labels do, which will obviously effect how the audience of the artists music, due to not being as advertised as other artists.









