AOL Time Warner is one of the four remaining major label companies and owns Atlantic, Elektra/Sire, Asylum, Reprise, Warner, American, Maverick, EMI, and others. It also owns AOL, which is involved in a co-venture with Hughes Electronics Corp called DirecTV.

Hughes is owned 100% by General Motors. Hughes merged with Raytheon to form Hughes subsidiary Raytheon Industries. Raytheon Industries makes bombs.


Sony Corporaton is another of the major label companies. Sony is involved in a co-venture with the US Army and University of Southern California to develop advanced training simulations for use by the Army. Sony's face in this venture is known as Future Combat Sytems.


BMG owns Arista, RCA, BMG and other record labels. The Power Corporation of Canada is a significant shareholder in BMG, and in turn has holdings in Pargesa Group and Groupe Bruxelles Lambert. These holding companies own a stake in Totalfina, which owns an interest in the venture between Hutchinson Worldwide and Barry Controls. This venture produces sundry parts used in fighter aircraft and other miltary vehicles.


Vivendi Universal is the fourth and final major label company, counting MCA, Polygram, Motown, Geffen-DGC, Interscope, and Universal among its holdings. It has an arm called Vivendi Environnement, which owns a stake in Fomento De Construcciones Y Contratas, which in turn has a stake in Espelsa. Espelsa works on mission planning systems for the P-3 Orion aircraft (Lockheed Martin), as well as systems for the Typhoon Fighter (or Eurofighter), made by British Aerospace. Espelsa also works with the European Aeronautic Defence and Space Company, which produces military aircarafts and bombs, as well as with Alenia who, together with Boeing, makes bombs.