18 Oct Business Tycoon Richard Branson Hopes to ‘Reinvigorate’ Virgin Records
Branson hopes to help UMG ‘reinvigorate’ Virgin RecordsBy Tom Pakinkis
October 15, 2012
Richard Branson may have missed his chance to buy back Virgin Records following Universal’s £1.2bn acquisition of EMI Music, but the tycoon still hopes to have a hand in the label’s restoration.
Speaking in an interview with the Financial Times, the multi-venturing business tycoon said that he still hopes to work with Universal to “reinvigorate” the label that had been “left to languish”.