Canadian music store chain Sunrise Records has struck a deal to buy British retailer HMV out of bankruptcy in a deal that will keep most of the locations in Britain open… More here.
This Is not a new story of course, but thanks to Bob for sending it in.
I was in Norfolk earlier this week and a lady from Heart FM was wondering the streets interviewing people about HMV. I managed to get caught and was asked the following questions, my answers in italics.
When was the last time you bought music on a physical format?
So long ago I cannot remember.
Do you think HMV will do well in the future?
Will niche products like vinyl save the company?
I just don’t understand where the company can go. Feel free to enlighten me in the comments.