Universal may sell Virgin Records

Press Association
Richard Branson
Richard Branson

Virgin Records, whose acts include Gorillaz, could be sold by Universal Music to help its £1.2 billion deal for EMI get the go-ahead from regulators.


Universal, the world's biggest recorded music firm, last year agreed to buy EMI, which owns Virgin Records, after it struggled to keep up with debt repayments and was seized by its bank.