Virgin Records

Virgin Records, also known as Virgin , is a private company limited by shares and a subsidiary of Universal Music Group . The company, originally founded in the United Kingdom on January 1, 1972 , was established by Richard Branson and Nik Powell . Virgin Records' headquarters are located in Los Angeles and it operates as an entity under Virgin Music and Capitol Music Group .

As a music company , Virgin Records has been involved in the foundation of other music organizations. One such organization is Hut Records , a record label founded by Virgin Records . Additionally, Virgin Records is known as the owner of Gang Starr, an American hip hop duo .