86-607: The Central Research Laboratories, often referred to as CRL , was a British research laboratory that originally belonged to the EMI Corporation. During the period of 1927–29 EMI invested in developing a research and innovation centre that arguably set the tone for many of the technological advancements that would occur over the next 80 years in the UK and was held in extremely high regard globally. After years operating in central London and across various greater London locations,
172-724: A Sony/ATV consortium for around $ 2.2 billion. Other members of the Sony consortium include the estate of Michael Jackson , the Blackstone Group , and the Abu Dhabi –owned Mubadala Development Company . EMI's locations in the United Kingdom, the United States, and Canada were all disassembled to repay debt, but the primary head office located outside those countries is still functional. EMI Music Publishing
258-476: A 'Yard Sale'. This subsequently enabled many to these purchasers to become and extend their positions as market leaders and generate significant business successes and profits. After the demise of Scipher Plc many questions were asked about how a historic organisation like CRL was allowed collapse and disappear so easily. Many senior individuals within the scientific and engineering sectors openly referred to it as 'a travesty' that should have been avoided. In 2016,
344-425: A 7" single) and as a result allowed this relatively unknown band a massive audience as the album sold over 60,000 copies and also reached number 12 in the charts, though it was later redacted its spot on the grounds of the cover price. Other early albums include Gong 's Flying Teapot (Radio Gnome Invisible, Pt. 1) , which Daevid Allen has been quoted as having never been paid for. The first single release for
430-521: A British independent record label in 1972 by entrepreneurs Richard Branson , Simon Draper, Nik Powell , and musician Tom Newman . They grew to be a worldwide success over time, with the success of platinum performers Paula Abdul , Janet Jackson , Devo , Tangerine Dream , Genesis , Phil Collins , OMD , the Human League , Culture Club , Simple Minds , the Spice Girls , Lenny Kravitz ,
516-473: A connection with Virgin, and some UK and European Virgin albums that were distributed internationally (instead of being manufactured in each country) named Caroline as their American distributor. Some Caroline records bore the label name Caroline Blue Plate , which was mainly used for reissuing on CD many early progressive rock albums and artists from Virgin and Caroline's UK branches. The first Canadian editions were distributed by WEA, and were parallel issues of
602-609: A consortium led by Sony/ATV Music Publishing acquired EMI Music Publishing for $ 2.2 billion. However, the European Union ruled that Sony/ATV would represent over half of all the charting hits in the United Kingdom, and required the company to auction off Virgin Music and Famous Music UK, as well as twelve unrelated authors. In December 2012, BMG Rights Management acquired the Virgin and Famous publishers, and concluded
688-454: A deal licensing EMI's catalogue in a digital format for their online streaming music service. This was the first time EMI had licensed any of its catalogue to a streaming music website. Pop star Robbie Williams signed a six-album deal in 2002 paying him over £80 million ($ 157 million), which was not only the biggest recording contract in British music history at the time, but also
774-1101: A further £110,000 to his airline. After being acquired by Thorn EMI, Virgin launched several subsidiaries like Realworld Records , Innocent Records , blues speciality label Point Blank Records , and indie music label Hut Recordings , and continued signing new and established artists like Korn , A Fine Frenzy , Thirty Seconds to Mars , Tina Turner , Beenie Man , The Rolling Stones , Spice Girls , The Smashing Pumpkins , We Are Scientists , The Kooks , dcTalk (mainstream releases, contract ended in 2000), Belinda Carlisle , Meat Loaf , Placebo , Janet Jackson (contract ended in 2006), Daft Punk (contract ended in 2008), My Favorite Highway , Does It Offend You, Yeah? , The Future Sound of London , The Chemical Brothers , Brooke Allison , The Red Jumpsuit Apparatus , The Almost , Mariah Carey (contract ended in 2002), N.E.R.D , Laura Marling , Swami , RBD , Thalía and Priscilla Renea . Because business models increasingly diverged, Thorn EMI shareholders voted in favour of demerger proposals on 16 August 1996. The resulting media company became
860-717: A loss of £260 million in 2006/2007, in August 2007 EMI was acquired by Terra Firma Capital Partners for £4.2 billion. Following the transition, several artists including Radiohead left EMI, while other artists such as Paul McCartney had left ahead of the takeover. At the same time, the Rolling Stones signed a one-album deal with Interscope Records / Universal Music Group outside its contract with EMI, which expired in February 2008, and then in July 2008 signed
946-528: A new company site was built in the 1980s in Hayes, Middlesex. Hayes was often referred to as EMI Town, due to the presence of various company businesses, including the Gramophone Company HQ, which later became known as HMV. The lab's first director was Isaac Shoenberg , a pioneer of television. In 1996 the company formally became known as CRL Ltd after a management buy-out, in which EMI retained
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#17327721688401032-442: A new long-term deal with Universal Music Group . The Terra Firma takeover was also reported to have been the catalyst behind a lawsuit filed by Pink Floyd over unpaid royalties. In January 2011 Pink Floyd signed a new global agreement with EMI. Around the same time, Guy Hands , CEO of Terra Firma Capital Partners, came to EMI with restructuring plans to cut between 1,500 and 2,000 jobs and to reduce costs by £200 million
1118-411: A nominal ownership. The company's business model became that of an incubator, that effectively funded innovations and research projects and once the products became 'viable', they were established into standalone subsidiary companies, that typically continued to operate out of their HQ office. In the year 2000, the company floated under a new parent company name Scipher Plc, which for the next two years
1204-540: A private investment organisation, with the support of Brunel University London and HEFCE, the Central Research Laboratory was reborn in the form of an innovation incubation centre, only a stone's throw from the previous CRL site in Hayes. Some of CRL's previous employees were invited to the site for the occasion. The last company site is east of the A437 , north-west of M4 junction 3. In the 1990s,
1290-477: A punitive harassment meant to scare other musicians. The band's troubles with the label resonate through their third studio album This Is War (2009) and were the subject of the 2012 documentary Artifact . In 2008, EMI withdrew from the South-East Asian market entirely, forcing its large roster of acts to search out contracts with other unaffiliated labels. As a result, the South-East Asian market
1376-466: A purple label with round logo up to 1992 when Virgin was acquired internationally. Soon after Virgin Records was founded, the label created a music publisher for its artists, who also served as songwriters. Starting in the 1980s, Virgin Music signed songwriters from other record labels. After Virgin was acquired by EMI, the publisher was folded into EMI Music Publishing as EMI Virgin Music. In 2012,
1462-489: A year. As a result, the UK chief executive Tony Wadsworth left EMI after 25 years in January 2008. The cuts were planned to take effect over the year 2008, and would affect up to a third of EMI's 5,500 staff. Thirty Seconds to Mars tried to exit their contract with EMI following the layoff of its staff and due to unpaid royalties, prompting the label to file a lawsuit for $ 30 million citing breach of contract. The suit
1548-534: Is now operated exclusively throughout the world by Sony Music Entertainment; except in Japan where the trade mark is owned by Columbia Music Entertainment . EMI released its first LPs in 1952 and its first stereophonic recordings in 1955 (first on reel-to-reel tape and then LPs, beginning in 1958). In 1957, to replace the loss of its long-established licensing arrangements with RCA Victor and Columbia Records (Columbia USA cut its ties with EMI in 1951), EMI entered
1634-1109: Is now owned by Sony Music Publishing , the music publishing division of Sony Music which bought another 70% stake in EMI Music Publishing. Electric and Musical Industries Ltd was formed in March 1931 by the merger of the Columbia Graphophone Company and the Gramophone Company , with its " His Master's Voice " record label, firms that have a history extending back to the origins of recorded sound . The new vertically integrated company produced sound recordings as well as recording and playback equipment. The company's gramophone manufacturing led to 40 years of success with larger-scale electronics and electrical engineering . In October 1979, EMI merged with Thorn Electrical Industries to create Thorn EMI . On 16 August 1996, Thorn EMI shareholders voted in favour of demerging Thorn from EMI again:
1720-549: The BBC 's second television transmitter at Sutton Coldfield. It also manufactured broadcast television cameras for British television production companies as well as for the BBC. The commercial television ITV companies also used them alongside cameras made by Pye and Marconi . Their best-remembered piece of broadcast television equipment was the EMI 2001 colour television camera, which became
1806-551: The Choir of King's College, Cambridge . During the era of the long-playing record (LP), very few American and Canadian orchestras had their principal recording contracts with EMI, one notable exception being that of the Pittsburgh Symphony Orchestra , especially during the tenure of William Steinberg . From the late 1950s to the early 1970s, the company enjoyed huge success in the popular music field under
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#17327721688401892-805: The EMI Laboratories in Hayes, Hillingdon developed radar equipment (including the receiver section of the British Army's GL-II anti-aircraft fire-control radar), microwave devices such as the reflex klystron oscillator (having played a crucial role in the development of early production types following on from the British Admiralty Signal School's pioneering NR89, the so-called "Sutton tube"), electro-optic devices such as infra-red image converters, and eventually guided missiles employing analogue computers. The company
1978-579: The Institute of Physics Fernand Holweck Medal and Prize , in 1986. After the Scipher company flotation, many key long-serving staff members started to exercise their extensive share options as they matured and took early retirement. This resulted in the loss of much of the intellectual resource that the company relied upon. The outcome of this, alongside the sale of the 'darling' Sensaura Technology division to global giant Creative Labs, heavily impacted on
2064-630: The OKeh label. RCA sold its stake in EMI in 1935, but due to its 1929 takeover of Victor, RCA retained the North and South American rights to the " His Master's Voice " trademark. In other countries, the Nipper logo was used by the EMI subsidiary label HMV, even though the "His Master's Voice" slogan itself would be retained by RCA along with the logo. In 1938 ARC-Brunswick was taken over by CBS , which then sold
2150-713: The Sex Pistols , and Mike Oldfield among others, meaning that by the time it was sold, it was regarded as a major label, alongside other large international independents such as A&M and Island Records . Virgin Records was sold to Thorn EMI in 1992. EMI would later be acquired by Universal Music Group (UMG) in 2012 with UMG creating the Virgin EMI Records division. The Virgin Records name continues to be used by UMG in certain markets such as Germany and Japan. Virgin Records America, Inc.
2236-465: The "Gemini" or "Twins" logo) was designed by English artist and illustrator Roger Dean : a young naked woman in mirror image with a large long-tailed lizard and the word "Virgin" in Dean's familiar script. A variation on the logo was used for the spin-off Caroline Records label. The first release on the label was the progressive rock album Tubular Bells by multi-instrumentalist Mike Oldfield , who
2322-793: The 1980s was Culture Club. In 1978, Virgin set up US operations first in New York on Perry Street, with distribution from Atlantic Records . Virgin Records soon moved operations to New Jersey along with a short-lived subdivision called Virgin International , handled by independent New Jersey–based distributor Jem Records . Virgin International was used mainly for progressive rock artists and reissues of earlier Virgin / Atlantic albums such as Hergest Ridge by Mike Oldfield, and Fish Rising by Steve Hillage, which Columbia chose not to reissue. Virgin International also issued albums by some of Virgin's reggae artists, including Gregory Isaacs . At
2408-547: The American Brunswick label to American Decca Records , which along with its other properties, Vocalion Records and Aeolian Vocalion Records, used it as a subsidiary budget label afterward. CBS then operated Columbia as its flagship label in both the United States and Canada. EMI retained the rights to the Columbia name in most other territories including the UK, Australia and New Zealand. It continued to operate
2494-589: The American market by acquiring 96% of the stock for Capitol Records USA. From 1960 to 1995 their "EMI House" corporate headquarters was located at 20 Manchester Square London, England, the stairwell from which was featured on the cover of the Beatles' Please Please Me album. In addition, an unused shot from the Please Please Me photo session, featuring the boys in short hair and cleancut attire,
2580-667: The Beatles into the EMI fold. When the Gramophone Company merged with the Columbia Graphophone Company (including Columbia's subsidiary label Parlophone ) in 1931, the new Anglo-American group was incorporated as Electric & Musical Industries Limited. At this point, the Radio Corporation of America had a majority shareholding in the new company due to RCA purchasing the Victor Talking Machine Company in 1929. Victor owned 50% of
2666-709: The Bollocks, Here's the Sex Pistols in the window. Afterwards they signed other new wave groups: Public Image Ltd , Boxer , Culture Club , Fingerprintz , Gillan , Holly and the Italians , The Human League (whose " Don't You Want Me " was the label's first chart-topping single, in 1981), Magazine , Skids , the Motors , Penetration , the Ruts , Shooting Star , Simple Minds , and XTC . After modified versions of
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2752-516: The British affiliated Gramophone Company, giving RCA chairman David Sarnoff a seat on the EMI board. However, EMI was subsequently forced to sell Columbia USA due to anti-trust action taken by its American competitors. By this time the record industry had been hit hard by the Depression and in 1934 a much-diminished Columbia USA was purchased for just US$ 70,500 by ARC-BRC ( American Record Corporation –Brunswick Record Company), which also acquired
2838-601: The Christian music market by acquiring Sparrow Records . Due to the increasing divergence of business models, Thorn EMI shareholders voted in favour of demerger proposals on 16 August 1996. The resulting media company was now known as EMI Group PLC. In 1997, EMI Records USA was folded into both Virgin and Capitol. Since the 1930s, the Pathé Records label headquartered in Shanghai , China had been published under
2924-719: The EMI Group. In 1997, Virgin absorbed the remainder of EMI USA , which earlier consolidated EMI America Records and Manhattan Records , with Capitol Records acquiring EMI's other American operations, and in 1998, opened a country music division called Virgin Records Nashville, of which record producer Scott Hendricks was president. The label's signees comprised Julie Reeves , Jerry Kilgore , Roy D. Mercer , Tom Mabe , Chris Cagle , Clay Davidson , and River Road . In 2001, Virgin Nashville closed and its roster
3010-518: The EMI banner and since then, EMI had also been the dominant label in the cantopop market throughout Greater China until the genre's decline in the mid-1980s. Between the years 2004–2006, EMI then completely and totally divested itself from the c-pop market, and after that, all Hong Kong music artists previously associated with EMI had their music published by Gold Label , a concern unaffiliated with EMI and with which EMI did not yet hold any interest. On 21 November 2000, Streamwaves and EMI signed
3096-563: The EMI imprint. On 1 July 1973 the Gramophone Company subsidiary (The Gramophone Co. Ltd.) was renamed EMI Records Ltd as well, and in 1978, EMI launched EMI America Records as its second label in the United States after Capitol. EMI Music Worldwide was also formed in 1978 with Bhaskar Menon as chairman and CEO. In February 1979, EMI Ltd acquired United Artists Records and with it their subsidiary labels Liberty Records and Imperial Records . Eight months later, Thorn Electrical Industries merged with EMI Ltd. to form Thorn EMI . Sometime in
3182-519: The Japanese EMI branch, remains unchanged from the reflection of Toshiba 's divestiture to the business by EMI buying the whole branch way back July 2007, making it a full subsidiary. In July 2009, there were reports that EMI would not sell CDs to independent album retailers in a bid to cut costs, but in fact only a handful of small physical retailers were affected. In February 2010, EMI Group reported pre-tax losses of £1.75 billion for
3268-474: The Melody Makers , Redhead Kingpin & The F.B.I. , Neneh Cherry , Steve Winwood , Hindsight and, after her MCA contract ran out in 1991, Belinda Carlisle. Virgin Records America's releases were distributed through WEA again by Atlantic Records until 1992. The label was then acquired by EMI-Capitol Special Markets . In 1996, Virgin Records offered Janet Jackson one of the best and highest deals at
3354-630: The Middle East and Africa as well as in Canada , Russia , India , China , Japan , Australia and New Zealand . Gramophone's (later EMI's) Australian and New Zealand subsidiaries dominated the popular music industries in those countries across the Asia-Pacific region from the 1920s until the 1960s, when other locally owned labels (such as Festival Records ) began to challenge the near monopoly of EMI. Over 150,000 78-rpm recordings from around
3440-745: The Muffins and Nash the Slash signed to Dindisc in the UK as well; both artists had releases in Canada and the UK on Dindisc. In 1983, an independent Virgin Records Canada Inc. company was created, three years before a similar move occurred in the US. From this time onward, Virgin Canada used unique label designs not seen in other countries: a red label with five horizontal bars across the top and an extra-large "scrawl" logo from 1983 to 1985, followed by
3526-510: The UK's first commercially available all- transistor computer, was developed at EMI's Central Research Laboratories in Hayes under the leadership of Godfrey Hounsfield , an electrical engineer at EMI. In the early 1970s, with financial support by the UK Department of Health and Social Security as well as EMI research investment, Hounsfield developed the first CT scanner , a device which revolutionised medical imaging . In 1973 EMI
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3612-525: The Virgin Classics artist roster and catalogue in its Erato Records division, and the "Virgin Classics" name, along with "EMI Classics," disappeared. Branson and Powell had initially run a small record shop called Virgin Records and Tapes on Notting Hill Gate , London, specializing in krautrock imports, and offering bean bags and free vegetarian food for the benefit of customers listening to
3698-782: The Virgin Records label exclusively until gradually other parts of the Virgin Group adopted it, including Virgin Atlantic , Virgin Mobile and Virgin Money . Virgin Records was sold by Branson to Thorn EMI in June 1992 for a reported US$ 1 billion (around £560 million) (equivalent to $ 2,171,211,762 in 2023), with a special non-competition clause that would prevent Branson from founding another recording company during
3784-548: The company became EMI Group plc, and the electronics and rentals divisions were divested as Thorn plc . The company broke up in 2012. In 1934, an EMI research team led by Sir Isaac Shoenberg developed the electronic Marconi-EMI system for television broadcasting, which quickly replaced Baird's electro-mechanical system following its introduction in 1936. After the Second World War , EMI resumed its involvement in making broadcasting equipment, notably providing
3870-444: The company's strategic road map and also had a catastrophic effect on the company's stock market perception – and hence its share price. Scipher Plc very quickly slipped into a difficult position that resulted in the company going into liquidation in 2006. During liquidation process much of the coveted IP and patents that the company owned were sold to technology and manufacturing companies in what one scientific journal referred to as
3956-579: The deal in May 2013. Virgin Music was renamed BMG VM Music, while Famous Music became BMG FM Music. Before its demise, Virgin Music's songwriters included Iggy Pop , Texas , Ozzy Osbourne , Cannibal Corpse , Nirvana , Winger , Wax , Tears for Fears , The Prodigy , Goo Goo Dolls , Tool , The Crystal Method , Terence Trent D'Arby , Lenny Kravitz , Ben Harper , Warrant , Mark Ronson , Devo , Culture Club , Take That , Bullet for My Valentine , Robbie Williams , Wayne Hector , Orchestral Manoeuvres in
4042-520: The five years following the agreement (see the final paragraph in EU Merger Decision IV/M202 of 27 April 1992). It now faces competition from Branson's new label: V2 Records . Branson sold Virgin Records to fund Virgin Atlantic which at that time was coming under intense anti-competitive pressure from British Airways . In 1993, BA settled a libel action brought by Branson over BA's " dirty tricks " campaign, giving him £500,000 and
4128-725: The iTunes Plus category). Tracks were to cost $ 1.29/€1.29/£0.99. Legacy tracks with FairPlay DRM would still be available for $ 0.99/€0.99/£0.79 – albeit with lower quality sound and DRM restrictions still in place. Users would be able to 'upgrade' the EMI tracks that they had already bought for $ 0.30/€0.30/£0.20. Albums were also to be available at the same price as their lower quality, DRM counterparts and music videos from EMI would also be DRM-free. The higher-quality, DRM-free files became available worldwide on iTunes on 30 May 2007, and were expected to appear on other music download services soon thereafter. Following this decision, Universal Music Group also announced sales of DRM-free music (which
4214-516: The label PM in a new-wave outpost, a move that plunged the record company into the mainstream of the punk rock era. Under the guidance of Tessa Watts , Virgin's Head of Publicity (and later, also Director of Production), the Pistols rocketed the label to success. Shortly afterwards, the Nottingham record shop was raided by police for having a window display of the Sex Pistols' album Never Mind
4300-479: The label was Kevin Coyne 's "Marlene" (b/w "Everybody Says"), taken from his album Marjory Razorblade and released in August 1973. Coyne was the second artist signed to the label after Oldfield. Although Virgin was initially one of the key labels of English and European progressive rock, the 1977 signing of the Sex Pistols (who had already been signed and then dropped by both EMI and A&M ) reinvented
4386-596: The label with moderate success until 1973, when it was retired and replaced by the EMI Records imprint, making records with the Columbia Records label manufactured outside North America between 1972 and 1992 rare. In 1990, following a series of major takeovers that saw CBS Records acquired by the Sony Corporation of Japan, EMI sold its remaining rights to the Columbia name to Sony and the label
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#17327721688404472-657: The label's president, with Virgin Records now operating as an imprint of latter label. In February 2021, the Universal Music Group announced that it will rebrand the Caroline Music Group as Virgin Music Label & Artist Services, the name change was "inspired and influenced by the spirit and ethos of the iconic Virgin Records label". In September 2022, UMG consolidated Virgin Music Label & Artist Services, Ingrooves Music Group , and
4558-427: The label, but that these audits rarely result in legal action. A legal settlement was announced on 12 April 2007 and terms were undisclosed. On 2 April 2007, EMI announced it would be releasing its music in DRM -free formats. These were to be issued in AAC format, which gave higher quality for the same bitrate compared with the ubiquitous MP3 format. The music would be distributed via Apple's iTunes Store (under
4644-506: The late 1980s, EMI America merged with sister label Manhattan Records , founded in 1984, becoming EMI Manhattan and eventually EMI USA when Capitol absorbed it in 1989. Also in 1989, Thorn EMI bought a 50% interest in Chrysalis Records , completing the buyout two years later. Six months after completing the buyout of Chrysalis, Thorn EMI bought Virgin Records from Richard Branson in one of its highest-profile and most expensive acquisitions in record music history. In 1992, Thorn EMI entered
4730-431: The mainstay of much of the British television industry from the end of the 1960s until the early 1990s. Exports of this piece of equipment were low, however, and EMI left this area of product manufacture. EMI engineer Alan Blumlein received a patent for the invention of stereophonic sound in 1931. He was killed in 1942 whilst conducting flight trials on an experimental H2S radar set. During and after World War II ,
4816-432: The management of Sir Joseph Lockwood . The strong combination of EMI and its subsidiary labels (including Parlophone , HMV , Columbia and Capitol Records ) along with a roster of stellar groups such as the Hollies , the Shadows , the Beach Boys and the Beatles along with hit solo performers such as Frank Sinatra , Cliff Richard , and Nat 'King' Cole , made EMI the best-known and most successful recording company in
4902-492: The music on offer. The first real store was above a shoe shop at the Tottenham Court Road end of Oxford Street . After making the shop into a success, they turned their business into a fully fledged record label. The name Virgin , according to Branson (in his autobiography), arose from Tessa Watts , a colleague of his, when they were brainstorming business ideas. She suggested Virgin – as they were all new to business – like "virgins". The original Virgin logo (known to fans as
4988-433: The recently acquired mtheory Artist Partnerships as part of the newly launched division Virgin Music Group . UMG also appointed mtheory founders JT Myers and Nat Pastor as Co-CEOs of the new division. The Virgin label was distributed in the US by Atlantic from 1973 to 1975. During this period, 14 albums were issued. All had been previously issued in the UK on Virgin, although one album, Marjory Razorblade by Kevin Coyne,
5074-497: The same early 14 albums issued in the US by Virgin/Atlantic. In 1975, distribution transferred to Columbia (as it had in the US), but the following year distribution was transferred again to Polydor Records (which changed its name to PolyGram by 1980), and issued a different and larger selection of records from what was being issued in the US. Canadian editions of the Dindisc label were issued as Dindisc/Virgin. Virgin's Canadian division arranged to have Canadian artists Martha &
5160-516: The same time, Virgin releases distributed by Columbia continued, distribution returning to Atlantic (later WEA) in 1980, at which time Virgin International ceased operations. In 1986, Virgin Records opened up another American division, Virgin Records America . Its first release was the debut album by Cutting Crew which included the hit single " (I Just) Died in Your Arms ". Other Virgin America signings included Camper Van Beethoven , Bob Mould , Warren Zevon , Paula Abdul , T'pau , Ziggy Marley and
5246-437: The second biggest in music history behind that of Michael Jackson. Apple Records , the record label representing The Beatles , launched a suit against EMI for non-payment of royalties on 15 December 2005. The suit alleged that EMI had withheld $ 50 million from the record label; however, an EMI spokesman noted that audits of record label accounts are not that unusual, confirming at least two hundred such audits performed on
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#17327721688405332-408: The site became known as CRL. It is situated next to the EMI Archive Trust . EMI EMI Group Limited (formerly EMI Group plc until 2007; originally an initialism for Electric and Musical Industries , also referred to as EMI Records or simply EMI ) was a British transnational conglomerate founded in March 1931 in London. At the time of its acquisition by Universal Music in 2012, it
5418-423: The time estimating an $ 80 million deal. The agreement also required Virgin to allocate about $ 25 million in video production, marketing and promotion costs – a much larger sum than most deals. Virgin Records America was founded by the executive team of Jordan Harris, Jeff Ayeroff and Phil Quartararo . Another American company called Caroline Records co-existed during this time. Caroline records rarely mentioned
5504-468: The twins label came the red, white and blue design introduced in 1975, which coincided with the height of punk and new wave. The current Virgin logo (known informally as "the scrawl") was created in 1978, commissioned by Simon Draper, then managing director of Virgin Records Limited. Brian Cooke of Cooke Key Associates commissioned a graphic designer to produce a stylised signature. The logo was first used on Mike Oldfield's Incantations album in 1978 and by
5590-513: The world are held in EMI's temperature-controlled archive in Hayes, some of which have been released on CD since 2008 by Honest Jon's Records . In 1931, the year the company was formed, it opened the legendary recording studios at London 's Abbey Road . During the 1930s and 1940s, its roster of artists included Arturo Toscanini , Sir Edward Elgar , and Otto Klemperer , among many others. During this time EMI appointed its first A&R managers. These included George Martin , who later brought
5676-519: The world at that time. In 1967, while shifting their focus on pop and rock music roster to Columbia and Parlophone, EMI converted HMV solely to a classical music label exclusively. For the emerging progressive rock genre including Pink Floyd , who had debuted on Columbia, EMI established a new subsidiary label, Harvest Records , two years later. In 1971, Electric & Musical Industries changed its name to EMI Ltd. and on 1 January 1973 EMI phased out most of its heritage labels and replacing them with
5762-442: The year ended March 2009, including write-downs on the value of its music catalogue. In addition, KPMG issued a going concern warning on the holding company's accounts regarding an ability to remain solvent. Citigroup (which held $ 4 billion in debt) took 100% ownership of EMI Group from Terra Firma Capital Partners on 1 February 2011, writing off £2.2 billion of debt and reducing EMI's debt load by 65%. The group
5848-518: Was a joint venture between EMI itself and Pied Piper Records Corporation. The physical audio and video products of the label have been distributed in South-East Asia by Warner Music Group since December 2008, while new EMI releases in China and Taiwan, were distributed under Gold Typhoon which was previously known as EMI Music China and EMI Music Taiwan, respectively. Meanwhile, the Korean branch of EMI (known as EMI Korea Limited) had its physical releases distributed by Warner Music Korea. EMI Music Japan ,
5934-415: Was also for many years an internationally respected manufacturer of photomultipliers . This part of the business was transferred to Thorn as part of Thorn-EMI, then later became the independent concern Electron Tubes Ltd. The EMI Electronic Business Machine, a valve and magnetic drum memory computer, was built in the 1950s to process the British Motor Corporation payroll. In 1958 the EMIDEC 1100 ,
6020-551: Was awarded a prestigious Queen's Award for Technological Innovation for what was then called the EMI scanner , and in 1979 Hounsfield won the Nobel Prize for his accomplishment. After brief, but brilliant, success in the medical imaging field, EMI's manufacturing activities were sold off to other companies, notably Thorn (see Thorn EMI ). Subsequently, development and manufacturing activities were sold off to other companies and work moved to other towns such as Crawley and Wells. Emihus Electronics, based in Glenrothes , Scotland,
6106-426: Was described as an experiment). In May 2006, EMI attempted to buy Warner Music Group , which would have reduced the world's four largest record companies ( Big Four ) to three; however, the bid was rejected. Warner Music Group launched a Pac-Man defense , offering to buy EMI. EMI rejected the $ 4.6 billion offer. After a decline in the British market share from 16% to 9%, and the announcement that it had sustained
6192-494: Was discovered by Tom Newman and brought to Simon Draper – who eventually persuaded Richard and Nik to present it as their first release in 1973, produced by Tom Newman, for which the fledgling label garnered unprecedented acclaim. This was soon followed by some notable krautrock releases, including electronic breakthrough album Phaedra by Tangerine Dream (which went Top 20), and The Faust Tapes and Faust IV by Faust . The Faust Tapes album retailed for 49p (the price of
6278-500: Was entitled Let It Be . The photo was used instead for the cover of the Beatles' second greatest-hits double-disc compilation entitled 1967–1970 (also known as "The Blue Album"). (The two compilations were released in 1973.) EMI's classical artists of the period were largely limited to the prestigious British and European orchestras, such as the Philharmonia Orchestra and London Symphony Orchestra as well as
6364-732: Was folded into Capitol Records' Nashville division. Capitol Records and Virgin Records America merged in 2007 to form Capitol Music Group after a massive restructuring of EMI Group Ltd. Stepping down as chief executive of Capitol Records was Andy Slater, with Jason Flom, former executive of Virgin, taking the reins as chairman and CEO of the newly created company. Universal Music Group (UMG) purchased EMI in 2012, thus acquiring Virgin. UMG absorbed Virgin's UK operations to create Virgin EMI Records in March 2013. On 16 June 2020, Universal rebranded Virgin EMI Records as EMI Records and named Rebecca Allen (former president of UMG's Decca label) as
6450-505: Was founded in 1988 as part of Virgin Records. Along with EMI Classics , it too was acquired by UMG in 2012 as part of the takeover of the EMI Group. But the terms of the European Commission 's approval of the takeover required divestment of the two classical labels. Accordingly, both were sold in February the following year to Warner Music Group , and this transaction was approved by the European Union that May. Warner placed
6536-526: Was later settled following a defence based on a contract case involving actress Olivia de Havilland decades before. Jared Leto explained, "The California Appeals Court ruled that no service contract in California is valid after seven years, and it became known as the De Havilland Law after she used it to get out of her contract with Warner Bros. " Many industry watchers viewed the suit as
6622-595: Was listed on the London Stock Exchange , and was also once a constituent of the FTSE 100 Index , but faced financial problems and US$ 4 billion in debt, leading to its acquisition by Citigroup in February 2011. Citigroup's ownership was temporary, as EMI announced in November 2011 that it would sell its music arm to Vivendi 's Universal Music Group for $ 1.9 billion and its publishing business to
6708-553: Was owned 51% by Hughes Aircraft , of California, US, and 49% by EMI. It manufactured integrated circuits , electrolytic capacitors and, for a short period in the mid-1970s, hand-held calculators under the Gemini name. Early in its life, the Gramophone Company established its subsidiary operations and branch offices in a number of many other countries inside and outside of the British Commonwealth , including Europe,
6794-426: Was put up for sale and final bids were due by 5 October 2011. On 12 November 2011, it was announced that EMI would sell its recorded music operations to Universal Music Group (UMG) for £1.2 billion ($ 1.9 billion) and its music publishing operations to Sony/ATV Music Publishing -for $ 2.2 billion. Among the other companies that had competed for the recorded music business was Warner Music Group which
6880-617: Was reported to have made a $ 2 billion bid. However, IMPALA has said that it would fight the merger. In March 2012, the European Union opened an investigation into Universal's purchase of EMI's recorded music division and had asked rivals and consumer groups whether the deal will result in higher prices and shut out competitors. Virgin Records Virgin Records is a British record label owned by Universal Music Group . They were originally founded as
6966-450: Was the UK's most admired and valuable tech stock on the FTSE 250 index. The Scipher brand included: CRL was responsible for either developing or initiating many innovations including: The company also registered early patents and intellectual property rights that are now commonly utilised in technologies worldwide, including: The company a;so received many awards over the years including
7052-785: Was the company's North American operations founded in 1986. They are no longer active and were headquartered in Hollywood , California , and operated under the Capitol Music Group imprint, now also owned by UMG, since 2012. The US operations had also taken on the name Virgin Records. A minor number of artists remained on Virgin Records America's roster, which was mostly occupied with European artists such as Bastille , Barbara Pravi , Circa Waves , Corinne Bailey Rae , Ella Eyre , Grizfolk , Walking on Cars , Seinabo Sey , and Prides ; American artists include Knox Hamilton, L'Tric, Loren Gray , and Rise Against . Virgin Classics
7138-410: Was the fourth largest business group and record label conglomerate in the music industry , and was one of the "Big Four" record companies (now the " Big Three "). Its labels included EMI Records , Parlophone , Virgin Records , and Capitol Records , which are now referenced under Universal Music due to their acquisition with the exception of Parlophone, as it is now owned by Warner Music . EMI
7224-457: Was the only region in the world where EMI was not in operation, although the record label continued to operate in Hong Kong and Indonesia (which was named Arka Music Indonesia). The Chinese and Taiwanese operation of EMI as well as the Hong Kong branch of Gold Label, was sold to Typhoon Group and reformed as Gold Typhoon . The Philippine branch of EMI changed its name to PolyEast Records , and
7310-439: Was truncated from a 20-song double album to an 11-song single album. Beginning with Mike Oldfield's Ommadawn album in 1975, American distribution switched to CBS Records/ Columbia Records . CBS/Columbia was unwilling to release all Virgin artists, and so many were licensed to other labels: Some of these records had a small Virgin logo added to the regular company design on the label. One of Virgin's and Epic's biggest acts of
7396-483: Was used for the cover of the Beatles' first double-disc greatest-hits compilation entitled 1962–1966 (also known as "The Red Album"). In 1969, Angus McBean took a matching group photograph featuring the boys in long hair and beards to contrast with the earlier cleancut image to show that the boys could have appeal across a wide range of audiences. This photo was originally intended for the Get Back album which later
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