V2 Records

V2 Records

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V2 Records
Parent company PIAS
Founded 1996
Founder(s) Richard Branson
Distributing label Fontana Distribution
Hostess Entertainment (Japan)
Genre(s) various
Country of origin United Kingdom
Official Website [1]

V2 Records (or V2 Music) is a record label that was purchased by Universal Music Group in 2007,[1] then by PIAS Entertainment Group in 2013.[2]


The label was founded in 1996 by Richard Branson, five years after he sold Virgin Records to EMI. The label was owned 95% by Morgan Stanley, the chief financier of the company, and 5% by Branson. Over the years V2 acquired Gee Street Records, Junior Boy's Own, Blue Dog Records, and Big Cat Records. The label also distributed many labels, such as Wichita, Luaka Bop, City Slang and Modular.

Stereophonics were the first band to sign to the label.[3]

V2 now operates in Australia, Belgium, Canada, France, Germany, Italy, Greece, Netherlands, Spain, Ireland, Sweden, United Kingdom, and United States. It was distributed in the US by BMG; however it left for WEA shortly after the formation of Sony BMG. Its headquarters were located at 14 East 4th Street in Manhattan, the former US home of Island Records, which was in the same building as the former Greenwich Village branch of Tower Records.

In April 2005, Cooperative Music was set up by the V2 Music Group as a transnational marketing and distribution operation which licenses independent labels, as opposed to individual artist companies which is the standard industry practice, for release in Europe, Australia and Japan. This in-house licensing division has an exclusive international marketing team with representation in the UK, Ireland, France, Germany, Italy, Spain, Holland, Belgium, Sweden, Norway, Denmark, Australia and Japan.

In 2006 Branson sold V2 North America to Sheridan Square Entertainment LLC (SSE)[4] for $15 million. SSE then merged its label Artemis Records into V2 North America. The new label was effectively divested from the Virgin Group.

In May 2006, much of V2's catalogue, including multi-platinum artists Moby and The White Stripes, was added to eMusic, making the label one of the most high-profile featured on the online music site, which mostly sells DRM-free independent music at a cost considerably lower than many of its competitors.

On 12 January 2007, V2 North America announced that it was undergoing restructuring to focus on its back catalogue and digital distribution.[5] As a result, their employees were let go and their roster of artists left as free agents.

V2 Benelux was founded by Richard Branson in 1997 as part of the V2 International group with affiliates in USA, UK, Scandinavia, Germany, France, Italy and Benelux. In February 2007 the directors of V2 Benelux, Chris Boog and Tom Willinck, rounded off a successful management buy out together with their distributor, Bertus Distribution.[6]

In August 2007, V2 Music Group was sold for £7 million to Universal Music Group.[7] Subsequently in October 2007, UMG partnered the US operations of its independent distribution arm Fontana Distribution, known as Fontana International, with London-based Cooperative Music of V2 Music. The intent was to enhance expansion through international agreements, and so independent labels from Europe under Cooperative Music would gain access to the independent American marketplace through Fontana International's diverse connections in independent marketing, promotion and distribution support. Cooperative Music is now an established label group headed up by Vincent Clery-Melin, with both UK and International marketing teams. Cooperative Music has had significant success with various acts such as Fleet Foxes, Phoenix and The Black Keys.

In 2009, the newly formed IndieBlu Music Holdings LLC acquired SSE's business, including V2 North America, in a UCC foreclosure auction. IndieBlu was acquired by Entertainment One in 2010.[8][9][10] V2 North America is therefore owned and distributed by E1, and is no longer affiliated with its former parent label.

Current & past artists

  • Elbow
  • Every Move a Picture
  • Mary Fahl
  • Fixkes
  • Grandaddy
  • Gosling
  • Gravediggaz
  • The Greenhornes
  • Paul Hardcastle
  • Maximilian Hecker
  • The High Llamas
  • Hundred Reasons
  • Michael Hutchence
  • iamamiwhoami
  • InMe
  • Intwine
  • Jaimeson
  • Jape
  • The Jesus and Mary Chain
  • Tom Jones
  • Jungle Brothers
  • Kings of Infinite Space
  • Ed Kowalczyk
  • Mark Lanegan
  • Langhorne Slim
  • Lethal Bizzle
  • Liberty X
  • Lori Lieberman
  • Little Man Tate
  • Kirsty MacColl
  • Madasun
  • Madness
  • Aimee Mann
  • Margot and the Nuclear So and So's
  • Mark Foggo's Skasters
  • Tom McRae
  • The Meligrove Band
  • Mercury Rev
  • Moby
  • The Mooney Suzuki

  • Jean-Louis Murat
  • Nada Surf
  • New Kingdom
  • Declan O'Rourke
  • Over It
  • P.M. Dawn
  • Phoenix
  • Polar Bear
  • pre)Thing
  • The Raconteurs
  • The Rakes
  • Raghav
  • Ra Ra Riot
  • Regular Fries
  • rinôçérôse
  • Josh Ritter
  • Roman Candle
  • Katy Rose
  • The RZA
  • Nitin Sawhney
  • Semifinalists
  • Skin
  • Paul Sherry
  • Soulsavers
  • Stereophonics
  • Sugarcult
  • Alice Temple
  • Those Bastard Souls
  • Tin Star
  • Toots & the Maytals
  • Tragedy Khadafi
  • Underworld
  • The White Stripes
  • yourcodenameis:milo
  • Vitamin C

See also

  • Acoustic 07, a compilation album released by V2
  • List of record labels


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  2. http://www.completemusicupdate.com/article/piass-co-op-acquisition-approved/
  3. http://www.youtube.com/watch?v=aCaWL00d73w
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External links

  • Official website
  • Cooperative Music
This page was last modified 13.05.2014 22:55:08

This article uses material from the article V2 Records from the free encyclopedia Wikipedia and it is licensed under the GNU Free Documentation License.