
Market share of record companies in the U.S. 2012-2019, by distributor
Data on the album plus track equivalent albums (TEA) market share of record companies in the United States based on distribution ownership showed that Universal Music Group held the highest share in 2019, commanding 38.12 percent of the market. Meanwhile, when it came to label ownership, independent labels collectively led the way with a 35.13 percent market share.