72-478: Virgin Records is a British record label owned by Universal Music Group . They were originally founded as 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 ,
144-551: A "record group" which is, in turn, controlled by a music group. The constituent companies in a music group or record group are sometimes marketed as being "divisions" of the group. From 1929 to 1998, there were six major record labels, known as the Big Six: PolyGram was merged into Universal Music Group (UMG) in 1999, leaving the remaining record labels to be known as the Big Five. In 2004, Sony and BMG agreed to
216-405: A 50% profit-share agreement, aka 50–50 deal, not uncommon. In addition, independent labels are often artist-owned (although not always), with a stated intent often being to control the quality of the artist's output. Independent labels usually do not enjoy the resources available to the "big three" and as such will often lag behind them in market shares. However, frequently independent artists manage
288-562: A US Senate committee, that the Byrds never received any of the royalties they had been promised for their biggest hits, " Mr. Tambourine Man " and " Turn! Turn!, Turn! ". A contract either provides for the artist to deliver completed recordings to the label, or for the label to undertake the recording with the artist. For artists without a recording history, the label is often involved in selecting producers, recording studios , additional musicians, and songs to be recorded, and may supervise
360-479: A bigger company. If this is the case it can sometimes give the artist greater freedom than if they were signed directly to the big label. There are many examples of this kind of label, such as Nothing Records , owned by Trent Reznor of Nine Inch Nails ; and Morning Records, owned by the Cooper Temple Clause , who were releasing EPs for years before the company was bought by RCA . If an artist and
432-465: 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. The first release was Outside the Dream Syndicate by Tony Conrad and Faust in 1973. The logo was a photographic-style variation of Virgin's "Twins" logo, designed by Roger Dean . In 1983,
504-473: 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
576-670: 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
648-408: A conventional cash advance to sign the artist, who would receive a royalty for sales after expenses were recouped. With the release of the artist's first album, however, the label has an option to pay an additional $ 200,000 in exchange for 30 percent of the net income from all touring, merchandise, endorsements, and fan-club fees. Atlantic would also have the right to approve the act's tour schedule, and
720-562: A deal with a proper label. In 2002, ArtistShare was founded as the Internet's first record label where the releases were directly funded by the artist's fans. Caroline Records Caroline Records is a record label that was founded in 1973. Founded in the United Kingdom to showcase British progressive rock groups, the label ceased releasing titles in 1976 and then re-emerged in the United States in 1986. The label released
792-558: A joint venture and merged their recorded music division to create the Sony BMG label (which would be renamed Sony Music Entertainment after a 2008 merger); BMG kept its music publishing division separate from Sony BMG and later sold BMG Music Publishing to UMG. In 2007, the remaining record labels—then known as the Big Four—controlled about 70% of the world music market , and about 80% of the United States music market. In 2012,
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#1732765221212864-476: A label want to work together, whether an artist has contacted a label directly, usually by sending their team a demo, or the Artists & Repertoire team of the label has scouted the artist and reached out directly, they will usually enter in to a contractual relationship. A label typically enters into an exclusive recording contract with an artist to market the artist's recordings in return for royalties on
936-462: A large international media group , or somewhere in between. The Association of Independent Music (AIM) defines a 'major' as "a multinational company which (together with the companies in its group) has more than 5% of the world market(s) for the sale of records or music videos." As of 2012 , there are only three labels that can be referred to as "major labels": Universal Music Group , Sony Music , and Warner Music Group . In 2014, AIM estimated that
1008-411: 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,
1080-605: A return by recording for a much smaller production cost of a typical big label release. Sometimes they are able to recoup their initial advance even with much lower sales numbers. On occasion, established artists, once their record contract has finished, move to an independent label. This often gives the combined advantage of name recognition and more control over one's music along with a larger portion of royalty profits. Artists such as Dolly Parton , Aimee Mann , Prince , Public Enemy , among others, have done this. Historically, companies started in this manner have been re-absorbed into
1152-554: 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 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
1224-454: Is often marketed as a "unit" or "division" of the parent label, though in most cases, they operate as pseudonym for it and do not exist as a distinct business operation or separate business structure (although trademarks are sometimes registered). A record label may give a musical act an imprint as part of their branding, while other imprints serve to house other activities, such as side ventures of that label. Music collectors often use
1296-684: Is owned by Sony Group Corporation ). Record labels and music publishers that are not under the control of the big three are generally considered to be independent ( indie ), even if they are large corporations with complex structures. The term indie label is sometimes used to refer to only those independent labels that adhere to independent criteria of corporate structure and size, and some consider an indie label to be almost any label that releases non-mainstream music, regardless of its corporate structure. Independent labels are often considered more artist-friendly. Though they may have less sales power, indie labels typically offer larger artist royalty with
1368-463: The free software and open source movements and the success of Linux . In the mid-2000s, some music publishing companies began undertaking the work traditionally done by labels. The publisher Sony/ATV Music, for example, leveraged its connections within the Sony family to produce, record, distribute, and promote Elliott Yamin 's debut album under a dormant Sony-owned imprint , rather than waiting for
1440-578: 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 the music on offer. The first real store was above a shoe shop at the Tottenham Court Road end of Oxford Street . After making
1512-510: The "parent" of any sublabels. Vanity labels are labels that bear an imprint that gives the impression of an artist's ownership or control, but in fact represent a standard artist/label relationship. In such an arrangement, the artist will control nothing more than the usage of the name on the label, but may enjoy a greater say in the packaging of their work. An example of such a label is the Neutron label owned by ABC while at Phonogram Inc. in
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#17327652212121584-793: 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
1656-572: The Caroline name was reused by Virgin in the US as the importer Caroline Distribution . Caroline Distribution founded the current Caroline Records in 1986. Some Caroline Records CDs issued in the US, bore the label name Caroline Blue Plate, especially Virgin UK originally-issued progressive rock records. Caroline Records was merged into Virgin Records after Virgin was acquired by Thorn EMI . Caroline Distribution
1728-763: The Dark , and XTC . Record label [REDACTED] [REDACTED] [REDACTED] "Big Three" music labels A record label or record company is a brand or trademark of music recordings and music videos , or the company that owns it. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the production, manufacture , distribution , marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting talent scouting and development of new artists , artist financing and maintaining contracts with recording artists and their managers. The term "record label" derives from
1800-717: 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
1872-616: The Human League , Culture Club , Simple Minds , the Spice Girls , Lenny Kravitz , 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
1944-596: 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 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")
2016-539: 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
2088-697: 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
2160-456: The UK. At one point artist Lizzie Tear (under contract with ABC themselves) appeared on the imprint, but it was devoted almost entirely to ABC's offerings and is still used for their re-releases (though Phonogram owns the masters of all the work issued on the label). However, not all labels dedicated to particular artists are completely superficial in origin. Many artists, early in their careers, create their own labels which are later bought out by
2232-546: The United States would typically bear a 4th & B'way logo and would state in the fine print, "4th & B'way™, an Island Records, Inc. company". Collectors discussing labels as brands would say that 4th & B'way is a sublabel or imprint of just "Island" or "Island Records". Similarly, collectors who choose to treat corporations and trademarks as equivalent might say 4th & B'way is an imprint and/or sublabel of both Island Records, Ltd. and that company's sublabel, Island Records, Inc. However, such definitions are complicated by
Virgin Records - Misplaced Pages Continue
2304-623: 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. 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
2376-581: 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 the label was Kevin Coyne 's "Marlene" (b/w "Everybody Says"), taken from his album Marjory Razorblade and released in August 1973. Coyne
2448-407: The album will sell better if the artist complies with the label's desired requests or changes. At times, the record label's decisions are prudent ones from a commercial perspective, but these decisions may frustrate artists who feel that their art is being diminished or misrepresented by such actions. In other instances, record labels have shelved artists' albums with no intention of any promotion for
2520-411: The artist from their contract, leaving the artist in a state of limbo. Artists who have had disputes with their labels over ownership and control of their music have included Taylor Swift , Tinashe , Megan Thee Stallion , Kelly Clarkson , Thirty Seconds to Mars , Clipse , Ciara , JoJo , Michelle Branch , Kesha , Kanye West , Lupe Fiasco , Paul McCartney , and Johnny Cash . In
2592-415: The artist in question. Reasons for shelving can include the label deciding to focus its resources on other artists on its roster, or the label undergoing a restructure where the person that signed the artist and supports the artist's vision is no longer present to advocate for the artist. In extreme cases, record labels can prevent the release of an artist's music for years, while also declining to release
2664-425: The artist is established and has a loyal fan base. For that reason, labels now have to be more relaxed with the development of artists because longevity is the key to these types of pact. Several artists such as Paramore , Maino , and even Madonna have signed such types of deals. A look at an actual 360 deal offered by Atlantic Records to an artist shows a variation of the structure. Atlantic's document offers
2736-484: The artists may be downloaded free of charge or for a fee that is paid via PayPal or other online payment system. Some of these labels also offer hard copy CDs in addition to direct download. Digital Labels are the latest version of a 'net' label. Whereas 'net' labels were started as a free site, digital labels represent more competition for the major record labels. The new century brought the phenomenon of open-source or open-content record labels. These are inspired by
2808-650: The circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry , recording artists have traditionally been reliant upon record labels to broaden their consumer base, market their albums, and promote their singles on streaming services, radio, and television. Record labels also provide publicists , who assist performers in gaining positive media coverage, and arrange for their merchandise to be available via stores and other media outlets. Record labels may be small, localized and " independent " ("indie"), or they may be part of
2880-403: The company. Some independent labels become successful enough that major record companies negotiate contracts to either distribute music for the label or in some cases, purchase the label completely, to the point where it functions as an imprint or sublabel. A label used as a trademark or brand and not a company is called an imprint , a term used for a similar concept in publishing . An imprint
2952-400: The corporate mergers that occurred in 1989 (when Island was sold to PolyGram) and 1998 (when PolyGram merged with Universal). PolyGram held sublabels including Mercury, Island and Motown. Island remained registered as corporations in both the United States and UK , but control of its brands changed hands multiple times as new companies were formed, diminishing the corporation's distinction as
Virgin Records - Misplaced Pages Continue
3024-578: 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
3096-416: The early days of the recording industry, recording labels were absolutely necessary for the success of any artist. The first goal of any new artist or band was to get signed to a contract as soon as possible. In the 1940s, 1950s, and 1960s, many artists were so desperate to sign a contract with a record company that they sometimes ended up signing agreements in which they sold the rights to their recordings to
3168-512: The end of their contract with EMI when their album In Rainbows was released as a " pay what you want " sales model as an online download, but they also returned to a label for a conventional release. Research shows that record labels still control most access to distribution. Computers and internet technology led to an increase in file sharing and direct-to-fan digital distribution, causing music sales to plummet in recent years. Labels and organizations have had to change their strategies and
3240-400: 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 a 7" single) and as a result allowed this relatively unknown band a massive audience as
3312-689: 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 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
3384-654: 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
3456-678: The major divisions of EMI were sold off separately by owner Citigroup : most of EMI's recorded music division was absorbed into UMG; EMI Music Publishing was absorbed into Sony/ATV Music Publishing; finally, EMI's Parlophone and Virgin Classics labels were absorbed into Warner Music Group (WMG) in July 2013. This left the so-called Big Three labels. In 2020 and 2021, both WMG and UMG had their IPO with WMG starting trading at Nasdaq and UMG starting trading at Euronext Amsterdam and leaving only Sony Music as wholly-owned subsidiary of an international conglomerate ( Sony Entertainment which in turn
3528-433: The major labels (two examples are American singer Frank Sinatra 's Reprise Records , which has been owned by Warner Music Group for some time now, and musician Herb Alpert 's A&M Records , now owned by Universal Music Group). Similarly, Madonna 's Maverick Records (started by Madonna with her manager and another partner) was to come under control of Warner Music when Madonna divested herself of controlling shares in
3600-537: The majors had a collective global market share of some 65–70%. Record labels are often under the control of a corporate umbrella organization called a "music group ". A music group is usually affiliated to an international conglomerate " holding company ", which often has non-music divisions as well. A music group controls and consists of music-publishing companies, record (sound recording) manufacturers, record distributors, and record labels. Record companies (manufacturers, distributors, and labels) may also constitute
3672-475: 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 was founded in 1988 as part of Virgin Records. Along with EMI Classics , it too
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#17327652212123744-507: The output of recording sessions. For established artists, a label is usually less involved in the recording process. The relationship between record labels and artists can be a difficult one. Many artists have had conflicts with their labels over the type of sound or songs they want to make, which can result in the artist's artwork or titles being changed before release. Other artists have had their music prevented from release, or shelved. Record labels generally do this because they believe that
3816-492: 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,
3888-548: The record label in perpetuity. Entertainment lawyers are usually employed by artists to discuss contract terms. Due to advancing technology such as the Internet , the role of labels is rapidly changing, as artists are able to freely distribute their own material through online radio , peer-to-peer file sharing such as BitTorrent , and other services, at little to no cost, but with correspondingly low financial returns. Established artists, such as Nine Inch Nails , whose career
3960-418: The salaries of certain tour and merchandise sales employees hired by the artist. In addition, the label also offers the artist a 30 percent cut of the label's album profits—if any—which represents an improvement from the typical industry royalty of 15 percent. With the Internet now being the dominant source for obtaining music, netlabels have emerged. Depending on the ideals of the net label, music files from
4032-600: 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 &
4104-628: 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
4176-419: The selling price of the recordings. Contracts may extend over short or long durations, and may or may not refer to specific recordings. Established, successful artists tend to be able to renegotiate their contracts to get terms more favorable to them, but Prince 's much-publicized 1994–1996 feud with Warner Bros. Records provides a strong counterexample, as does Roger McGuinn 's claim, made in July 2000 before
4248-449: 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 the "Gemini" or "Twins" logo) was designed by English artist and illustrator Roger Dean :
4320-400: The term sublabel to refer to either an imprint or a subordinate label company (such as those within a group). For example, in the 1980s and 1990s, 4th & B'way Records (pronounced as "Broadway") was a trademarked brand owned by Island Records Ltd. in the UK and by a subordinate branch, Island Records, Inc., in the United States. The center label on a 4th & Broadway record marketed in
4392-422: 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
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#17327652212124464-433: The way they work with artists. New types of deals called "multiple rights" or "360" deals are being made with artists, where labels are given rights and percentages to artist's touring, merchandising, and endorsements . In exchange for these rights, labels usually give higher advance payments to artists, have more patience with artist development, and pay higher percentages of CD sales. These 360 deals are most effective when
4536-622: The work of American punk rock , thrash metal and new wave music bands. Caroline had a number of subsidiary labels, including Astralwerks , Gyroscope , Caroline Blue Plate, Beat the World , Scamp and Passenger . In 2013, the brand was relaunched by Universal Music via the Capitol Music Group . The original Caroline record label started as a subsidiary of Richard Branson 's Virgin Records from 1973 to 1976. It specialized in inexpensive LPs by progressive rock and jazz artists that lacked commercial appeal. Caroline Records rarely mentioned
4608-630: 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 the Virgin Classics artist roster and catalogue in its Erato Records division, and
4680-1291: 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 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
4752-813: 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 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
4824-455: Was developed with major label backing, announced an end to their major label contracts, citing that the uncooperative nature of the recording industry with these new trends is hurting musicians, fans and the industry as a whole. However, Nine Inch Nails later returned to working with a major label, admitting that they needed the international marketing and promotional reach that a major label can provide. Radiohead also cited similar motives with
4896-781: 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
4968-528: Was separated and became part of EMI Music Distribution. In 2013, the brand was revived by Universal Music Group under Capitol Music Group. Caroline France was created in 2014 by Thomas Lorain following a call from Caroline who wanted a subsidiary in France. Caroline France renamed itself Virgin Records France in 2021 following the launch of Virgin Music Label & Artist Services . Primo Scree
5040-645: 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 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
5112-405: 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 the label PM in a new-wave outpost, a move that plunged the record company into the mainstream of the punk rock era. Under
5184-439: 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
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