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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 884 |
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Virgin Records also introduced Culture Club to the music world. In the early 1980s, Virgin purchased the gay nightclub Heaven.
To keep his airline company afloat, Branson sold the Virgin label to EMI in 1992, a more conservative company which previously had rescinded a contract with the Sex Pistols...
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Branson is said to have wept when the sale was completed since the record business had been the genesis of the Virgin Empire. He later formed V2 Records to re-enter the music business.
Reference: Wikipedia.com
Daniel Junior G. Domingo 4BA1 ENTREPRENEURSHIP
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? He started from scratch, very small...
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