Virgin Classics | |
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Parent company |
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Founded | 1988; 37 years ago (1988) |
Founder | Richard Branson |
Defunct | 2013; 12 years ago (2013) |
Status | Defunct; absorbed intoErato Records |
Genre | Classical music |
Country of origin | France |
Virgin Classics was a record label founded in 1988 as part of Richard Branson'sVirgin Records.[1]
The unit, along withEMI Classics, was acquired byUniversal Music Group in 2012 as part of the takeover of theEMI Music Group, however the terms of theEuropean Commission's September 2012 approval of the takeover requires divestment of the classical labels[2] which were sold on 7 February 2013 toWarner Music Group.[3] TheEuropean Union approved the deal in May 2013.[4] Warner Music'sWarner Classics unit absorbed the Virgin Classics artists roster and catalogue intoErato Records[5] but lost the rights to use either the EMI or Virgin names.