So we’re now down to 3 major record labels. What am I talking about you ask? Well if you haven’t been paying attention let me bring you up to speed. EMI, the fourth-largest business group and family of record labels has been absorbed by Univeral Music Group. Now if you’re still unmoved by this piece of news then you fail to realize what’s been happening in the music business for the last couple of decades. Let me explain….let’s take it from the top….the tippy.