Part
01
of six
Part
01
Music Label Revenues (1)
The annual revenues for the indicated record labels range from $1.8 million to $87.2 million. The details of each of the companies are in this attached spreadsheet.
Record Labels Revenues
- Alert Music has a revenue of $5 million.
- Asthmatic Kitty (IND) has a revenue of $10 million.
- Ardent Records has a revenue of $1.8 million.
- Big Loud Records has a revenue of $4 million.
- ATO Records has a revenue of $10 million.
- Atlantic Records has a revenue of $87.2 million.
Research Strategy
We started the research by searching for each company’s annual report, since the annual revenue could be available there, but it was not available. We then expanded the research by looking at company databases. These included ZoomInfo, Hoovers, and Crunchbase, and they provided the revenue of the companies but 5 of them. The companies are 2101 Records, 300 Entertainment, American Recordings, Bad Boy Entertainment, and Best Beat Records. For these remaining 5 companies, our next strategy was to expand the research by looking at news articles, which included PR Newswire, Financial Times, Music Business Worldwide, Forbes, and Billboard. The rationale for this is that the revenue of these companies could be available in the music industry publications, but only information on the music industry market size and musicians partnering with the record labels were available.
Our next strategy was to determine if these record labels have parent companies. This is because the parent companies could have reported the revenues based on their subsidiary companies. We discovered that 2101 Records, 300 Entertainment, Bad Boy Entertainment, and Best Beat Records had parent companies. However, none of the parent companies provided breakdowns of their revenues. The unavailability of the revenue of these companies could be due to competitive reasons.