Data from Music & Copyright's annual survey of the recorded music and music publishing industries has noted that Universal Music Group remained the largest record company in the world in 2011 while Universal Music Publishing Group bagged the biggest share of publishing.
However, both UMG and UMPG saw their market share decline in 2011 compared to 2010, along with EMI and Sony Music Entertainment. Warner was the only major name to gain market share, while independent labels and publishers increased their market share as a whole as well.
UMG saw its market share drop from 28.7% in 2010 to 27.9% in 2011. Meanwhile, Sony Music Entertainment's market share dropped from 23% to 21.9% and EMI saw a slight decline from 20.2% to 19.9%.
Similarly, UMPG's market share declined slightly from 22.6% to 22.2%, Sony/ATV went from 12.5% to 11.7% and EMI Music Publishing saw another slight dip from 19.7% to 19.3%.
As the only major to see market share increases from 2010 to 2011, Warner saw its recorded music arm go from 14.9% to 15.1% and Warner Chappell rise from 13.9% to 14.1%.
As a group, the independents scored a 2% rise in recorded music, going from 23.2% to 25.2%, and a 1.2% increase in publishing going from 31.4% to 32.6%.
Music & Copyright also determined that UMG was the leading company in terms of revenue received from recorded music sales, music publishing and general licensing including neighboring rights. It had a slightly reduced share of 27.7% in 2011 ahead of Sony Music Entertainment at 19.8%.