It’s no secret that the digital age hasn’t been kind to the music business. Island remained registered as firms in both the United States and UK , however management of its manufacturers modified fingers a number of times as new companies have been formed, diminishing the company’s distinction because the “guardian” of any sublabels.
Document labels are often beneath the management of a company umbrella organization called a “music group “. A music group is typically owned by an international conglomerate ” holding company “, which regularly has non-music divisions as well.
In the UK. At one level artist Lizzie Tear (below contract with ABC themselves) appeared on the imprint, however it was devoted virtually totally to ABC’s offerings and remains to be used for their re-releases (although Phonogram owns the masters of all of the work issued on the label).
Historically, corporations began in this manner have been re-absorbed …