Re: Richard Branson does not own Virgin Media.
HaHa you all make me laugh.
I am a relative to Richard Charles Nicholas Branson he was born back in 1950 on the 18th of July.
As an English industrialist, best known for his Virgin Brand of over 360 companies. My Uncle Richards first successful business venture was at age 16, when he published a magazine called Student.He then set up an audio record mail-order business in 1970. In 1972, he opened a chain of record stores, Virgin Records, later known as Virgin Megastores and rebranded after a management buyout as Zavvi in late 2007.
Now you may be thinking ha yeah Zavvi bought Virgin...NOPE Zavvi was in talks with Richard and they both agreed that Richard would still own Virgin Records [It's former name] and they would change the name to Zavvi as this newly started company was going bust very quickly and they needed some profit.That way the ever so gullable public now think Virgin Records does not exist ..not by name but Richard Still owns it and Zavvi Manages it hence i mentioned above that it was a management buyout!!.
Anyway
With my uncle's flamboyant and competitive style, Branson's Virgin brand grew rapidly during the 1980s—as he set up Virgin Atlantic Airways and expanded the Virgin Records music label.
He still owns and runs Virgin but he does all of this behind closed doors and what ever information regarding any other company owning virgin and/or buying virgin is not true.
NTL/TELEWEST do not own virgin they use the virgin media brand and logo name and pay my uncle for using the brand and logo name.
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