April 4, 2008

Universal extends music market share

According to the Informa Telecoms and Media publication Music & Copyright, Universal continued its strong success in 2007, dominating both the recorded and music publishing sectors. It grew its market share of the recorded music market to 28.8 percent from 25.7 in 2006. Sony BMG was second with 20.1 percent, ahead of Warner at 14.4 percent and EMI with 10.9. (The Guardian)