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Nov 30, 2018 · Branson is forced to sell Virgin Records for a reported $1 billion shortly after signing the Rolling Stones. He needed the cash to help finance Virgin Atlantic amid legal battle with British Airways.
Jan 8, 2012 · The formation of Virgin Media is a classic Branson business venture: he owns a tiny stake in the business that is listed on the Nasdaq exchange in New York, but derives tens of millions by ...
Jan 4, 2024 · Virgin Group began with Virgin Records in 1972; it has now expanded to include over 40 companies and employs over 60,000 people in 35 countries. Branson is the founder and chair of the Virgin Group.
Virgin Music. Virgin Music, known as Virgin Music Label & Artist Services until 2022 and originally as Caroline Distribution, is a music distributor of independent artists and record labels. Virgin Music operates as a subsidiary of Virgin Music Group, and is owned by Universal Music Group. The company focuses on the distribution of new or ...
Feb 15, 2023 · Virgin Atlantic. Virgin Atlantic is an international airline that is counted among the Virgin Group’s portfolio companies. Founded in 1984, the airline is now in part owned by Delta Air Lines, which took a 49% stake in 2012. The airline hasn’t been a significant moneymaker in recent years for Branson and has been hit hard by COVID-19.
Feb 18, 2021 · The legendary UK record label. Virgin Records is where it all began. Richard Branson started selling records in the classified pages of Student magazine in 1970 under the name Virgin Mail Order. Soon, record sales were doing so well the team decided to transform into a bricks and mortar store on Oxford Street, London, and Virgin Records was born.
Virgin Classics was a record label founded in 1988 as part of Richard Branson's Virgin Records.. The unit, along with EMI Classics, was acquired by Universal Music Group in 2012 as part of the takeover of the EMI Music Group, however the terms of the European Commission's September 2012 approval of the takeover requires divestment of the classical labels which were sold on 7 February 2013 to ...
