The woes of British retailer HMV are bad news for the music industry in the long-term, but in January so far they may have actually boosted music sales in the UK. According to the Official Charts Company...
January 30th, 2013 by Stuart Dredge
January 23rd, 2013 by Music Ally
The Guardian reports that the restructuring specialist now has effective control of the business though, working with administrator Deloitte to attempt to find a workable future for the entertainment chain.
January 17th, 2013 by Music Ally
7digital's CEO Ben Drury says HMV's call to administration is not a problem.
January 15th, 2013 by Stuart Dredge
Sad times on Twitter last night, as many people who hadn’t set foot in an HMV store for years queued up to share their HMV memories (sorry, #hmvmemories) of the British retail chain, after news organisations...
December 14th, 2012 by Music Ally
British entertainment retailer HMV saw its share price drop nearly 40% yesterday after it announced poor financial results, and revealed it may breach the terms of its bank loans early in 2013 as a result.
October 24th, 2012 by Music Ally
UK firm 7digital has confirmed that it's now running the digital music store for retailer HMV, which remains one of its investors.
August 3rd, 2012 by Music Ally
British retailer HMV announced yesterday that its CEO Simon Fox is leaving the company in early September.
May 16th, 2012 by Music Ally
Two veterans of the music industry are teaming up in the UK, with Ticketmaster and HMV announcing a strategic partnership that will see Ticketmaster operating the retailer's hmvtickets service. It's migrating...
January 23rd, 2012 by Music Ally
British retailer HMV has wiggled out of having to meet the January 2012 covenant test set by its banking syndicate, in favour of re-set tests for April and July. Why?