BEDROCK Posted January 20, 2013 Share Posted January 20, 2013 Apparently, the music industry is considering saving HMV from almost certain doom because it would have a major effect on music sales. Can they not just let a dying horse die??? http://www.theverge.com/2013/1/20/3897152/music-industry-will-pitch-in-to-keep-uk-retailer-hmv-alive Link to comment Share on other sites More sharing options...
nomnom Posted January 20, 2013 Share Posted January 20, 2013 hmmm there are good points to be made on both sides. However a dead HMV would mean hike in unemployment and that isn't very healthy for anyone at the moment Link to comment Share on other sites More sharing options...
chem1st Posted January 21, 2013 Share Posted January 21, 2013 hmmm there are good points to be made on both sides. However a dead HMV would mean hike in unemployment and that isn't very healthy for anyone at the moment If they don't make a profit though, then somebody else must be taxed to bail them out. Just like the people in this country are being made to suffer because of the banks and the state bailing them out with out moneys... Link to comment Share on other sites More sharing options...
dvp82 Posted January 21, 2013 Share Posted January 21, 2013 But on Friday is was reported that the record companies would not coming in to rescue HMV. http://www.guardian.co.uk/media/2013/jan/18/big-record-companies-shun-hmv Link to comment Share on other sites More sharing options...
nomnom Posted January 21, 2013 Share Posted January 21, 2013 If they don't make a profit though, then somebody else must be taxed to bail them out. Just like the people in this country are being made to suffer because of the banks and the state bailing them out with out moneys... I suppose, but if another company could come in and turn it around and make a profit that would be better. HMV was started to get outdated and wasn't moving with the times fast enough unfortunately Link to comment Share on other sites More sharing options...
Vague_Boy Posted April 6, 2013 Share Posted April 6, 2013 No tablets, more music and film: Hilco's vision to resurrect HMV Restructuring firm hopes to challenge iTunes' dominance of digital market Hilco has parachuted in Ian Topping – the former head of Steinhoff UK, the owner of the Harveys and Bensons for Beds chains – as chief executive, and he said: "We intend to reverse the earlier decisions to sell tablets and other devices in the stores and to reclaim the space for an enhanced music and visual range." LINK "reclaim the space for an enhanced music and visual range"? Oh dear. More of the stuff that wasn't selling/being undercut previously. Intense competition from supermarkets and internet retailers, the increasing popularity of digital downloading which has hurt CD and DVD sales, coupled with the consumer downturn has hit the group hard. LINK "hopes to challenge iTunes' dominance of digital market". Good luck with that old fruit, people with much deeper pockets than you have gone down that route. Link to comment Share on other sites More sharing options...
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