XTC

Idea Records is a British independent record label. It was established in the late 1990s by Andy Partridge and Colin Moulding, the two main members of the British rock band XTC, and was set up to release the band's own recordings. Idea was established following the termination of the group's... recording contract with Virgin Records in 1998.
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Geffen Records is an American record label, owned by Universal Music Group, and operated as one third of UMG's Interscope-Geffen-A&M label group. Geffen Records was founded in 1980 by music industry businessman David Geffen who, in the early 1970s, had founded Asylum Records. Geffen stepped... down from Asylum in 1975, when he crossed over to film and was named a vice-president of Warner Brothers Pictures. He was fired from Warner circa 1978, but remained locked in a 5-year contract, preventing him from working elsewhere. He returned to work in 1980 and struck a deal with Warner Bros. Records to create Geffen Records. Warner provided 100 percent of the funding for the label's operations and distributed the label's releases in the United States, Canada and the United Kingdom - CBS/Epic Records handled distribution in the rest of the world until 1985, when Warner Bros. also took over those territories. However, in the United Kingdom the label switched distribution from Warner Bros. to CBS in 1981. Profits were split 50/50 between Geffen and the respective distributors.
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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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