Prs Global News Today

UNIVERSAL MUSIC GROUP has launched VIRGIN MUSIC GROUP as a new global division of label and artist services businesses, led by mtheory co-founders JT MYERS and NAT PASTOR as co-CEOs, reporting to Chairman/CEO Sir LUCIAN GRANGE. The division will include VIRGIN MUSIC LABEL & ARTIST SERVICES (formerly a division of CAPITOL MUSIC GROUP), INGROOVES MUSIC GROUP, and mtheory ARTIST PARTNERSHIPS (acquired by UMG, which is not buying mtheorys MANAGER SERVICES business).GRAINGE said, "In ...