The label, which was originally launched in 1979, was active for 17 years representing acts including REM, The Dead Kennedys, John Cale and The Buzzcocks.

Signings to the newly-reformed label will be announced over the coming months, with the first releases expected towards the end of the year.

The move builds on the relationship between Crush and Capitol and Virgin label group president Dan McCarroll: the two originally worked together on the development of songwriters Butch Walker and Travie McCoy, ...