Fri 11 Nov 2007Irish acts ready to duke it out as V2 label
closesIrish acts Duke Special, Jape and Juno Falls are amongst those
who may be affected by the closure of record label V2 by new owners
Universal Music, writes
Jim Carroll.This week's move by Universal to close V2's London offices, with
the immediate loss of 45 jobs, follows their purchase of the
Richard Branson-founded label for a reported £7 million
(€10 million) in August. Universal are expected to close all
of V2's international offices in the coming weeks.