Universal Music Group- Music Label 1

Universal Music Group

As well as having the music power in the charts, Universal bought out EMI for £1.2 billion. Universal said that despite the large-scale enforced sell-off – understood to account for 10% of the new combined business's global revenues and 30% of the existing EMI operation. Universal create music videos as well as the independent labels however they are going to be a lot higher budget due to the amount of revenue the company produces through their music and artists. These could potentially include actual movie actors as well as the artists themselves which makes the videos more appealing to the audiences watching. This is why they create so much income as well.