IMPALA boss: Richard Branson wants ME to run Virgin Records

Speaking to the Financial Times, Zelnik said that he had held talks with Branson over a potential swoop for Virgin, which is currently owned by EMI.

Zelnik, who also owns French indie Naive, commented: "If Universal is ready to sell Virgin Records, then Richard Branson will support a transaction and support me in doing it. He wants Virgin to be in my hands."

Zelnik plans to merge Naive and Virgin if his wish to own the label - which may ...

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