Stacie Orrico

Virgin Records is a British record label founded by English entrepreneur Richard Branson, Simon Draper, and Nik Powell in 1972. The company grew to be a worldwide music phenomenon, with platinum performers such as Roy Orbison, Devo, Genesis, Keith Richards, Janet Jackson, Culture Club, Simple... Minds, Lenny Kravitz, The Smashing Pumpkins, Mike Oldfield, and more on their list of artists. It was later sold to Thorn EMI in 1992. Its American operations were merged with Capitol Records in 2007 to create the Capitol Music Group. Branson and Powell had initially run a small record shop called Virgin Records and Tapes on Notting Hill Gate, London, specialising particularly in "krautrock" imports, and offering bean bags and free vegetarian food for the benefit of customers listening to the music on offer. After making the shop into a success, they turned their business into a fully fledged record label. The name Virgin, according to Branson , arose from Tessa Watts, a colleague of his, when they were brainstorming business ideas. She suggested Virgin - as they were all new to business - like "virgins".
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The EMI Group, also known as EMI Music or simply EMI, is a British multinational music company headquartered in London, United Kingdom. It is the fourth-largest business group and family of record labels in the recording industry and was one of the "big four" record companies. EMI Group also has a... major publishing arm, EMI Music Publishing – also based in London with offices globally. The company was once a constituent of the FTSE 100 Index but since February 2011 it has been wholly owned by Citigroup . EMI is a member of the RIAA & IFPI. In November 2011 Citigroup announced a tentative deal to sell off pieces of the company with the music arm going to Vivendi's Universal Music Group for $1.9 billion and the publishing business going to a Sony/ATV consortium for around $2.2 billion. Other members of the Sony consortium include Blackstone and Abu Dhabi-owned investment fund Mubadala. Both before and after the sale announcement, Universal Music Group pledged to sell off EMI assets to the value of half a billion Euros.
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Capitol Records is a major United States–based record label, formerly located in Los Angeles, but as of 2011 operating in New York City as part of Capitol Music Group. Its former headquarters building, the Capitol Tower, is a major landmark near the corner of Hollywood and Vine. It is a... wholly owned subsidiary of EMI. The Capitol Records Company was founded by songwriter Johnny Mercer in 1942, with the financial help of fellow songwriter and film producer Buddy DeSylva and the business acumen of Glenn Wallichs , owner of Music City, at the time the biggest record store in Los Angeles. Johnny Mercer first suggested the idea of starting a record company while he was golfing with Harold Arlen and Bobby Sherwood. He told them, "I’ve got this idea of starting a record company. I get so tired of listening to the way everyone treats music. I keep feeling they’re selling out. And I don’t like the way artists are treated either. Bing Crosby isn’t the only one who can make records. I don’t know, I think it would be fun." By 1941, Mercer was not only an experienced songwriter, but a singer with a number of records to his name.
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