Virgin Music Group ( VMG ) is a global record label founded on 13 September 2022, and owned by Universal Music Group .
6-707: Virgin Music , known as Virgin Music Label & Artist Services until 2022 and originally as Caroline Distribution , was a music distributor of independent artists and record labels. Virgin Music operates as a subsidiary of Virgin Music Group , and is owned by Universal Music Group . The company focuses on the distribution of new or emerging partners. Virgin Music has its operation in United States, with its flagship operating in Japan,
12-512: A combine market share of about 4.4 percent Billboard estimates, based on year-end numbers”. On 18 February 2021, Universal Music Group announced Virgin Music Label & Artist Services, a new global network to deliver premium and flexible artist and label services. Following its launch, Universal Music Group retained Caroline Distribution president Jacqueline Saturn , to head Virgin Music label and artist services division of Virgin Music Group . In September 2022, Universal Music Group announced
18-486: A new global network to deliver premium and flexible artist and label services. Seven months after its announcement, Universal Music Group launched Virgin Music Group, as an entertainment and music company, to head operations of Virgin Music Label & Artist Services and Ingrooves . Prior to its launch, UMG appointed Mtheory founders JT Myers, and Nat Pastor, to serve as Co-Chief executive officers of Virgin Music Group. On 21 February 2023, Virgin Music Group confirmed
24-606: A partnership between its subsidiary Virgin Music Label & Artist Services , the UK division of Virgin Music and Modern Sky UK, a UK-based record label. Speaking with Complete Music Update Business Editor Chris Cooke, CEO of Modern Sky UK and North America, David Pichilingi says: “We’re delighted to sign this deal with Virgin Music UK, providing a global team who closely align with our values and ambition”, he goes on. “This deal will allow us to work more effectively globally and we are excited at
30-599: The United Kingdom, Germany, France, and across Latin America. In 1983, Caroline Distribution was established by Richard Branson & Virgin Records . In 2019, Universal Music Group acquired the digital music and network company INgrooves (including the independent label distributor Fontana Distribution ). According to Billboard reporter Ed Christman; “Between Caroline and Ingrooves, UMG’s indie owned distributors will have
36-609: The launch of Virgin Music Group. Following its launch, its Label & Artist Services began operating as Virgin Music. On 22 September 2022, Sumerian Records signed a distribution deal with Virgin Music. In September 2023, Virgin Music Group established Virgin Music Nigeria. In October 2023, Virgin Music Group combined with Virgin Music Virgin Music Group On 18 February 2021, Universal Music Group announced Virgin Music Label & Artist Services ,
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