Talk:Record company

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wouldn't it make more sense for this to be directed to Record label?

No: record companies are the "real" entities, record labels are only brands created by record companies. In the distant past, there used to be a correspondence between companies and labels, now labels are in most cases just branding tools for a few large multinational companies. -- Anon.
true, part of the time, but not always. Independent labels for example are not owned by a larger company - but are still called "labels".
See my edits to record label which try to make this clearer. -- Anon.