Record labels and other music companies are, by necessity, businesses. But in an age when each of the three major label groups is part of a larger conglomerate (WMG/Access Industries, UMG/Vivendi and Sony/Sony Corp.), how much clout does a music division have within its respective corporation?
As this charts shows, in the case of Sony, music is far down the revenue chain.
As this charts shows, in the case of Sony, music is far down the revenue chain.