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The Manor Studio, Richard Branson's recording studio in the manor house at the village of Shipton-on-Cherwell in Oxfordshire. In 1972, using money earned from his record store, Branson launched the record label Virgin Records with Nik Powell. The name "Virgin" was suggested by one of Branson's early employees because they were all new at ...
Virgin Records America, Inc. was the company's North American operations founded in 1986. [8] They are no longer active and were headquartered in Hollywood, California, and operated under the Capitol Music Group imprint, now also owned by UMG, since 2012.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. [9]
1987 – Branson takes Virgin Records to the United States; 1987 – The Virgin Group, along with Granada, Anglia and Pearson, founds British Satellite Broadcasting and receives a UK licence to broadcast five new TV channels by satellite in the UK. 1987 – Virgin sets up 525, a post production facility in Los Angeles, to work on high-end ...
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Branson dropped out of school when he was just 15 — and never looked back. ‘The best always succeeds’: How Richard Branson went from running a student magazine to managing a $3B global ...
Richard Branson and Nik Powell had initially run a small record shop called Virgin Records and Tapes on Notting Hill Gate, London, specialising particularly in "krautrock" imports, and offering bean bags and free vegetarian food for the benefit of customers listening to the music on offer. [3]
In the 1970s Richard Branson had created a music empire, signing talent such as Mike Oldfield, Phil Collins and the Sex Pistols. With a chain of music stores as well as a record label, the young ...
[9] [15] Branson stated he had to sell his Virgin Records business for $1 billion in order to pay for the lawsuit, something which he said he wept at having to do. [16] A month prior to the case, following disclosure of documents that supported Virgin's claims, Branson and Lord King met and agreed to settle the case on the first day. [17]