Virgin Records NZ Ltd.

Record company established by [l=Virgin Records Ltd.] in 1983 and operated until 2002. In June 1992 when Virgin UK was sold to to [l=Thorn Emi], Virgin NZ became a subsidiary of Thorn EMI NZ Ltd and a division of [l=EMI (NZ) Ltd.] and moved from Whittaker Pace into Babbage House with EMI NZ.

Also appears as:
- Virgin Records New Zealand Ltd.

History:
30 September 1983: Virgin Records NZ Ltd. is incorporated. Initially Virgin Records Ltd. owns 750 shares and [a=Brian Pitts (2)], from [l=RTC NZ Ltd.] owns 250. In 1989 Pitts was bought out by Virgin.
1 June 1992: Virgin globally was sold to EMI and the shareholding in NZ was: majority shareholder Virgin Records Ltd. (999 shares), holds 1 share.
Brian Pitts was made redundant shortly thereafter.
27 June 1997: Company deregistered due to change of ownership.
30 June 1997: Re-registered as Virgin Group New Zealand Ltd., now fully owned by
25 July 1997: Name change back to Virgin Records New Zealand Ltd.
October 2002: Formal close of business whilst operating as a wholly owned subsidiary of (dissolved and removed from register on 25 November 2002).

Please do not submit to this label alone. It is a company and must include a branded label, usually [l=Virgin] or one of its sublabels.