September 12, 2006

Hits breaks down the market shares at the two-thirds mark (not your typical mile marker, but why not?).

Antonio Reid's Island Def Jam has the best share for new releases with 6.3%, down 0.3% from last year. But remember, Reid has a history of letting expenses run wild, so who knows what he spent to get there. Warner Bros Records is right behind with 6.2%, down 0.1%.

Here's the top ten labels:

1. Island Def Jam: 6.3% (down 0.3%)
2. Warner Bros: 6.2% (down 0.1%)
3. Atlantic: 5.0% (down 0.2%)
4. Columbia: 5.7% (up 0.1%)
5. Interscope/A&M: 5.3% (down 2.1%)
6. Disney: 5.1% (up 0.7%)
7. Universal Group: 4.8% (up 1.3%)
8. RCA Music Group, 4.7% (up 1.6%)
9. Geffen: 3.1% (up 1.3%)
10. Jive/Zomba: 3.1% (up 1.1%)

And here are the market shares of the majors music groups. The doomsday predictions of the majors' demise couldn't be more premature. They account for 80.7% of the recorded music market, down a scant 0.5% from last year.

1. Universal Music Group: 31.6% (up 0.1%)
2. Sony BMG: 24.0% (down 1.5%)
3. Warner Music Group: 16.0% (up 1.5%)
4. EMI: 9.1% (down 9.7%)

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Posted by Glenn at 2:11 PM | | | Research