Is there a font similar to virgin records' logo?

Answer 1

Similarity is in the eye of he beholder. The Virgin logo seems to have too few elements to make a good guess (especially the V). Hey, this is art, not font, but you'll get close on: http://www.myfonts.com/newsletters/sp/200511.html

Answer 2

Yes, the Virgin Records logo features a distinctive customized font. While there may not be an exact match available, you could look for bold, stylized fonts with a similar retro or futuristic vibe to achieve a similar aesthetic.