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Labels outside of these three major labels are referred to as independent labels (or 'indies').

In the 2000s, a majority of the music market is controlled by three major corporate labels: the French-owned Universal Music Group, the Japanese-owned Sony Music Entertainment, and the US-owned Warner Music Group. In the commercial world, 'the recording industry'-a reference to recording performances of songs and pieces and selling the recordings–began to be used as a loose synonym for 'the music industry'. The modern Western music industry emerged between the 1930s and 1950s, when records replaced sheet music as the most important product in the music business. International Alliance for Women in Music, a non-profit organization that advocates for women composers and musicians). American Society of Composers, Authors and Publishers) and other associations (e.g. American Federation of Musicians), not-for-profit performance-rights organizations (e.g. In addition to the businesses and artists there are organizations that also play an important role, including musician's unions (e.g.

These include talent managers, artists and repertoire managers, business managers, entertainment lawyers those who broadcast audio or video music content ( satellite, Internet radio stations, broadcast radio and TV stations) music journalists and music critics DJs music educators and teachers manufacturers of musical instruments and music equipment as well as many others. The industry also includes a range of professionals who assist singers and musicians with their music careers. Among the many individuals and organizations that operate in the industry are: the songwriters and composers who write songs and musical compositions the singers, musicians, conductors, and bandleaders who perform the music the record labels, music publishers, recording studios, music producers, audio engineers, retail and digital music stores, and performance rights organizations who create and sell recorded music and sheet music and the booking agents, promoters, music venues, road crew, and audio engineers who help organize and sell concerts. The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators. Musicians working in a recording studio An audience watching a concert Companies and individuals that create and sell music

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