Virgin Records

Virgin Records is a British record label. Its history began in 1970, when Richard Branson and Nik Powell established a mail order company and thus LPs resold at low prices. [1]  In 1972 opened a record store in London and near Oxford (England) established the first studio of Virgin Records. [2]

The first edition by Virgin Records was the Mike Oldfield album Tubular Bells (part 1) in 1973. This plate was rejected by the larger record companies, but against the odds was a great success. There were more than fifteen million copies sold. [3]  In 1977 closed Branson a record contract with the controversial Sex Pistolspunk group, which with the single "God Save the Queen" reached the second place in the British charts. [3]  Virgin Records gave further music from Paula Abdul, among others, The Rolling Stones,Janet Jackson, Boy George, Simple Minds, Peter Gabriel and Phil Collins. [4]  [5]

For its ailing airline Virgin Atlantic to save from destruction, 1992 decision to sell Virgin Music in Branson. In the end it is that Thorn-EMI Virgin Music takes over for £ 560 million. [6]  [7]  surrounding the acquisition of EMI in 2012 announced by Universal Music Group Branson to Virgin want to buy back again. [8]  Eventually it came not of, whereby Virgin nowadays is owned by the Universal Music Group.