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Which record labels are currently the most profitable?

Universal Music Group (UMG)

* Headquarters: Santa Monica, California, U.S.

* Parent company: Vivendi

* Revenue in 2021: €24.3 billion ($27.9 billion)

* Labels include: Interscope Geffen A&M, Def Jam Recordings, Republic Records, Island Records, Polydor Records, Capitol Records, Mercury Records, Verve Music Group, Deutsche Grammophon, Universal Classics and Jazz

Sony Music Entertainment (SME)

* Headquarters: New York City, New York, U.S.

* Parent company: Sony Corporation of America

* Revenue in 2021: $8.9 billion

* Labels include: Columbia Records, Epic Records, Arista Records, RCA Records, Legacy Recordings, Island Records, Def Jam Recordings, Motown Records

Warner Music Group (WMG)

* Headquarters: New York City, New York, U.S.

* Parent company: Access Industries

* Revenue in 2021: $5.3 billion

* Labels include: Atlantic Records, Warner Records, Parlophone, Elektra Records, Fueled by Ramen, Nonesuch Records

BMG

* Headquarters: London, United Kingdom

* Parent company: Bertelsmann

* Revenue in 2021: €1.2 billion ($1.4 billion)

* Labels include: BMG Chrysalis, BMG Rights Management, BMG Production Music, BMG Label Group, BMG Publishing Group

Book Publishing

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