Warner Records

The next position on the list of the largest record labels in the world is Warner Records. It is an American document label owned by Warner Music Group and established in Los Angeles, California. Warner Records was established on March 19, 1958, to function as the track recording department for Warner Studios. Bros. of America. Max Lousada controls the recording operations in the corporation. In 2019, the document label was formally renamed Warner Records.

In the 1920s, Warner Bros experienced a duration of boom and achievement till America’s Great Depression introduced approximately extreme setbacks in 1931- 1932 as many human beings couldn't find the money to shop for statistics anymore because of the monetary downturn. In order for Warners’ reputation amongst customers to rebound once more, they based their very own document corporation called “Warner Records” which turned into greater famous than different nearby labels at that point along with Grand Ole Opry or RCA Victor Record Company as it produced proficient musicians like Bing Crosby who had been usually recording new songs on seventy-eight rpm discs.

Revenue: $410 million
Year Founded: 1958
Headquarters Location: California, USA