Timeline of Richard Branson's business ventures
This is a list of Richard Branson's business ventures from the 1960s to today.
1960s
- 1966 – After failed attempts to grow and sell both Christmas trees and budgerigars, Branson launches his first successful business, a magazine named Student, the first issue of which appearing in January 1968.[1] Branson's net worth was estimated at £50,000 by 1969.
1970s
1980s
- 1980 – Virgin Records goes international[citation needed]
- 1981 – Virgin buys the Kensington Roof Gardens[2]
- 1983 – Virgin Vision, later to become Virgin Communications, is formed to distribute films and videos in the television and broadcasting sector.[3]
- 1983 – Virgin Games is launched.
- 1984 – Virgin Atlantic and Virgin Cargo are launched.[1]
- 1984 – Virgin Vision (launched the previous year) launches "Music Box", a 24-hour satellite music station.
- 1985 – Virgin Group now includes record labels, retail outlets, exported music publishing, broadcasting, satellite television, and film and video distribution.
- 1985 – Branson starts Virgin Holidays
- 1987 – Branson takes Virgin Records to the United States
- 1987 – The Virgin Group, along with Granada, Anglia and Pearson, founds British Satellite Broadcasting and receives a UK licence to broadcast five new TV channels by satellite in the UK.
- 1987 – Virgin sets up 525, a post production facility in Los Angeles, to work on high-end commercials and pop videos.
- 1987 – Virgin sets up "Music Box" as an independent producer of music programmes.
- 1987 – Virgin buys a 45% stake in Mastertronic Group. Later Virgin Mastertronic becomes a wholly owned subsidiary of Virgin Group, creating, marketing and distributing computer games software and Sega consoles in several European countries.
- 1987 – Virgin buys Rushes Postproduction in London.
- 1987 – Virgin launches Virgin Airship & Balloon Company.
- 1987 – Richard Branson launches Mates condoms in the UK to promote condoms to young adults
- 1988 – Virgin re-opens the recently acquired and re-modelled Olympic Studios in Barnes, London.
- 1988 – Virgin launches Virgin Classics, another Virgin international record label specializing in high-quality classical music.
- 1988 – Virgin sells some of its smaller UK retail stores and puts more money into Virgin Megastores, opening new stores both in the UK and abroad.
- 1988 – Virgin sets up Virgin Broadcasting.[citation needed]
- 1988 – Virgin sells its shareholding in British Satellite Broadcasting.[citation needed]
1990s
2000s
2010s
- 2010 – Virgin launches Virgin Racing, a Formula One team previously known as Manor Grand Prix
- 2010 – Virgin launches Virgin Gaming, a service for people of all skill levels to play competitively on popular video games.[citation needed]
- 2010 – Virgin launches Virgin Produced, a film and television development, packaging and production company based in Los Angeles, California.
- 2010 – Virgin launches Project, a digital magazine created exclusively for Apple Inc's iPad.[citation needed]
- 2010 – Virgin Money buys Church House Trust
- 2012 – Virgin Money buys Northern Rock[17]
- 2012 – Virgin Galactic announces the development of orbital space launch system LauncherOne.[18]
- 2013 – Virgin Media sold to Liberty Global
- 2015 – Virgin Trains East Coast commences operating the InterCity East Coast franchise, Virgin Group hold a 10% shareholding[19]
- 2016 – Virgin launches Virgin Voyages; Virgin Radio Jakarta launches in May 2016, replacing Ninety Niners FM. The station was owned by MPG Media
- 2017 – Virgin invested in Hyperloop One; Branson joined its board of directors,[20] and in December 2017 became its chairman.[21]
- 2018 – Virgin invests in Brightline trains in Florida, USA. The system is briefly named Virgin Trains USA.
- 2018 – Virgin Trains East Coast ceases trading[22]
- 2019 – Virgin purchases Flybe through the consortium Connect Airways, Flybe is subsequently renamed Virgin Connect.
- 2019 – Virgin Trains West Coast ceases after InterCity West Coast franchise lost to Avanti West Coast[23]
- 2024 – Hyperloop One, formerly Virgin Hyperloop, is dissolved and sells its assets.[24]
References
External links
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