Unlike most other media,the recording industry has not yet experienced concentration;to date,the three major recording companies control only 25% of the market in the United States.

Question

Quizplus · Accepted Answer

This statement is false. Actually, the three major recording companies (Universal Music Group, Sony Music Entertainment, and Warner Music Group) control around 80% of the market in the United States.

Unlike Most Other Media,the Recording Industry Has Not Yet Experienced