Market dominance of the big three record labels in China 2018, by key indicator
The "big three" music companies that lead global record sales also dominate the Chinese market. In 2018, Universal, Sony, and Warner contributed almost 60 percent of the sales revenue in the record industry in China. However, their music accounted for around 20 percent of the amount played in the mainstream music platforms, like QQ Music, Kugou, and NetEase Music.