Branson sells Virgin music stores
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Sir Richard Branson sells his UK chain of Virgin record stores to a group of senior staff at the business.
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British entrepreneur Richard Branson is to add a stem cell storage company to his sprawling Virgin empire, a brand that already covers everything from cola and lingerie to airlines and space tourism.
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Virgin is calling it quits in the digital music business. The company has stopped selling tracks and accepting new customers as of Friday, and will shut down for good on October 19.
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LONDON - Virgin launches its rival to Apple&#39;s iTunes and Roxio&#39;s Napster in the US today, although consumers will get no break on price because the service charges the same 99 cents a song to download.
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Virgin Digital, the online arm of the Virgin Group, will launch an online music service Monday aimed at replicating on the Net the success of its offline chain of retail music stores.
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Can you hear him now: Virgin Group Chairman Richard Branson said in Hong Kong that his company has earmarked $300 million for a cell phone joint venture in China.
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A bricks and mortar music store is transforming into a clicks and mortar presence, as the Virgin Group is launching a music store in the US.
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Sir Richard BransonÂs Virgin Group is introducing its particular brand of corporate philanthropy to the United States.
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On Monday, Virgin Group subsidiary Virgin Digital launched an online store designed to leverage the name recognition of its brick-and-mortar Virgin Megastore while competing with a subscription-based model.
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Sir Richard Branson has dabbled in everything from music to space tourism, and is now setting his sights on creating the ultimate online music store. Branson's Virgin Digital service capitalizes on the strength of the Virgin record label to offer customers a "virtual Virgin Megastore" stocked with over 1 million songs for download.
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Richard Branson's Virgin Group said it was jumping into online music, with a &quot;Digital Megastore&quot; for US customers offering song downloads for 99 cents.
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Virgin becomes one of the first major music retailers to enter an increasingly crowded online music market.
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Virgin becomes the first major music retailer to enter an increasingly crowded online music market.
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British entrepreneur Richard Branson is aiming for a piece of the digital-music market, launching Virgin Digital in the US The online Megastore will offer music-download fans about one million songs from which to choose, at 99 cents each.
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Apple 1, Branson 0 Virgin has closed Virgin Digital, its Windows Media-based alternative to Apple's iTunes. It stopped selling one-off downloads on Friday, though subscribers will still have access to their collections until their next monthly payment is due.â¦
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HONG KONG (Dow Jones)--UK-based conglomerate Virgin Group Ltd. (VGN.YY) is in talks with a Chinese telecom company to set up a 50-50 joint venture to provide mobile phone services in China, Virgin Group Chairman Richard Branson said Tuesday.
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Richard Branson says his Virgin Group is talking to a number of Indian airlines about taking a 49% stake in some carriers.