A record label is "a brand or trademark associated with the marketing of music recordings and music video". Within the music industry most recording artists have become reliant upon the record labels to widen their consumer base, market their products, and promote them on portable devices, radio, and television. Marketing their merchandise, and making it available in stores and other media platforms.
Record labels generate revenue by entering recording contracts with artists. The record label funds, markets, produces and distributes and in return recieves royalties when an artist sells their music.
Record Labels, can be small, localized and independent but more recently reffered to as 'major labels' Some major labels consist of:
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