A major new study by the University of Pennsylvania’s Wharton School shows that the vast majority of the music companies that are now in business selling you out are either based in the U.S., or have done so for decades.

The study, which analyzed the music industry in more than 300 different countries over the last decade, found that the top five music companies are all headquartered in the United States.

The top five in Canada, which is one of the countries with the most music companies, is led by a company called Bell Canada.

The largest U.K. music company is British Columbia’s Sony Music, which owns the biggest record label in the country.

The researchers also looked at what the top six music companies in the world collectively spent in total on music in 2015, the most recent year for which data is available.

They found that in 2015 alone, the top three music companies spent $2.4 billion on music and entertainment in the USA, and $3.3 billion in Canada.

In other words, the music business spent more money on music than any other industry in the last year.

The top five companies in total spent $3 billion on entertainment and entertainment products in the US last year, and another $2 billion on marketing and other marketing services.

But the top two in total spending on music were U.C. Davis and Universal Music Group, both of which are based in Australia. In the U