In 1983, Caroline Distribution was established by
Richard Branson &
Virgin Records. In 2019, Universal Music Group acquired the digital music and network company
INgrooves (including the independent label distributor
Fontana Distribution). According to
Billboard reporter Ed Christman; “Between Caroline and Ingrooves, UMG’s indie owned distributors will have a combine market share of about 4.4 percent Billboard estimates, based on year-end numbers”. Following its launch, Universal Music Group retained Caroline Distribution president
Jacqueline Saturn, to head Virgin Music label and artist services division of
Virgin Music Group. In September 2022, Universal Music Group announced the launch of Virgin Music Group. Following its launch, its Label & Artist Services began operating as Virgin Music. On 22 September 2022,
Sumerian Records signed a distribution deal with Virgin Music. In September 2023,
Virgin Music Group established Virgin Music Nigeria. In October 2023, Virgin Music Group combined with Virgin Music. ==References==