Rich Kids Vinyl Records
Following his 1977 firing from the Sex Pistols -- reportedly for expressing an admiration for the Beatles -- bassist Glen Matlock founded the Rich Kids, a more experimental pop/rock outfit rounded out by guitarist Steve New, drummer Rusty Egan and vocalist Midge Ure, formerly of the group Silk. Distancing themselves from the punk community, the Rich Kids recorded only one LP, 1978's Ghosts of Princes in Towers, before tension between Matlock and Ure resulted in the group's dissolution within a year of their formation.