Dave Randall is an activist and guitarist with the band Faithless and his own band Slovo. He is the author of the recently released Sound System: The Political Power of Music. Green Left Weekly’s Barry Healy spoke to him about music and politics.
The “Big Four” record companies, already responsible for more than 80% of album sales on the planet, may be on the verge of becoming the “Big Three”.
On May 6, Warner Music Group was sold to Ukrainian-American tycoon Leonard Blavatnik.
Warner is the world's third largest record company. Blavatnik ― the world's 80th richest man ― is also rumored to have his sights set on number four EMI.
If that sale comes to pass, it will create the largest music label in history.