This small Canadian record store grew almost 1000% in 1 year

People say physical music is dying? Tell that to this Canadian record store thriving above the rest. Sunrise Records is a Canadian record store that went up against the odds as digital music streamed over…

HMV shuts down all 102 Canadian stores due to bankruptcy

HMV Canada has been announced bankrupt and are closing all their stores on what Canadians are calling “the day the music died”. January 27th is the day that a judge in Ontario approved music, film…

HMV Stops the Bleeding and Moves into being Very Profitable According to New Owner Hilco

HMV is again on the rise according to Hilco (new HMV owners) chief executive Paul McGowan calling HMV “very profitable”. Hilco, which acquired HMV last year, slashed the number of HMV stores from 144 to…

Funny HMV Poster: Digital Reasons Why HMV is No Longer in a Strong Position in the Music Business

Very funny! This was glued outside of the closed HMV store on Oxford Street in London.

Hilco Will Close HMV Store in Islington, London, by the end of January

HMV will now be closing their flagship store in Islington, London. The Islington HMV store will be closed by the end of the month. The store’s last day of trading will be January 25. This…

HMV Confirms and Goes Into Administration

It has been confirmed by HMV that they have gone into administration. On 13 December 2012, [HMV] announced that as a result of current market trading conditions, the Company faced material uncertainties and that it…

HMV Still in Big Trouble Financially

Even after selling the Hammersmith Apollo and the Mama Group it seems as though HMV are still in trouble. HMV’s total sales were down 13.5% to £277.6 in the six months to October 27 this…

HMV Giveaway 2.5% of Their Company to Suppliers, But Why Is This a Good Thing?

HMV has been struggling a lot with its mounting debt, pressure from banks and fall in overall sales. HMV has now announced that they will be giving equity worth 2.5 percent to its key suppliers…

HMV To Launch Digital Music Download Store In The Next Two Weeks

Before the end of July its rumoured that HMV will be launching their own digital download store. HMV has been a main player in the world of CD sales, now they have noticed the rise of digital and want part of that market.

HMV Japan Close Flagship Store: Retail Decline!

HMV Japan will be closing their flagship retail store in Tokyo’s Shibuyu district on August 22. This move really shows the collapse of the physical market, not just in Japan but all over the world….