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The phrase "record industry" is correct and can be used in written English.
It refers to the industry that produces and distributes recorded music. Example: The decline of physical album sales has greatly impacted the record industry, forcing companies to focus on digital and streaming platforms.
Exact(59)
"The record industry is not growing .Indeed.
No wonder the record industry is unhappy.
"The record industry needs this," he said.
The record industry died before you did.
"I moved into the record industry.
But, though MTV changed, the record industry did not.
The record industry largely blames piracy for its ills.
Fiscal cliffs are nothing new in the classical record industry.
Tells about the relationship between the record industry & AM radio.
In that, the record industry was remarkably successful.
If you look at the record industry, particularly the British record industry, they don't call themselves the record industry but the 'music industry' or even just 'music'music
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