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Virgin Classics

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Virgin Classics was a record label founded in 1988 as part of Richard Branson's Virgin Records.[1]

The unit, along with EMI Classics, was acquired by Universal Music in 2012 as part of the takeover of the EMI Group, however the terms of the European Commission's September 2012 approval of the takeover requires divestment of the classical labels[2] which were sold on 7 February 2013 to Warner Music Group.[3] The European Union approved the deal on May 2013.[4] Warner Music's Warner Classics unit absorbed the Virgin Classics artists roster and catalogue into Erato Records[5] but lost the rights to use either EMI or Virgin names.

Principal artists

References

  1. ^ Virgin Classics - EMI Classics "Virgin Classics was launched in April 1988 by Richard Branson, the founder and director of Virgin Classics."
  2. ^ Buyers circle EMI Classics and Virgin Classics after EU judgment 28 September 2012, "French indie outfit Naïve and Richard Branson's Virgin group have refused to comment on reports they are in talks about bidding for parts of the recording empire – for the former it would be Virgin Classics and the huge expertise of its chief, Alain Lanceron."
  3. ^ http://www.gramophone.co.uk/classical-music-news/warner-to-buy-the-parlophone-label-group
  4. ^ http://www.billboard.com/biz/articles/news/legal-and-management/1561787/warner-music-groups-acquisition-of-parlophone
  5. ^ http://www.classicfm.com/music-news/latest-news/emi-classics-and-virgin-classics-join-warners/
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