Sony Passes UMG As Top Label Group
Sony Music Entertainment has passed the Universal Music Group in year-to-date U.S. music market share for the first time since 2005. According to Nielsen SoundScan, Sony's overall album market share is 29.35%, just above Universal T 29.26%. That means when Doug Morris takes the helm of Sony un June, he will once again top the most successful label group in the country. But an aggressive release schedule could tip the scales towards UMG later this year.