Sunrise Records owner Doug Putman will buy 100 of HMV stores out of administration, securing 1,487 jobs, but 27 stores will close immediately, resulting in 455 redundancies.
Beleaguered high street music retailer HMV could be saved from closure by e-ecommerce company BuyVia.
A recent report has revealed that Amazon Prime Music is the second most popular streaming service in the UK, surpassing Apple Music for the first time.
Ed Sheeran, Suede and Iggy Pop are among the artists to release limited edition music as part of HMV Vinyl Week.
HMV has become the UK’s largest physical music retailer, new figures have revealed.
HMV reportedly sold one turntable per minute in the week leading up to Christmas.
The decline of the physical entertainment market including music and video slowed to three percent during 2015’s Q2, a new study has claimed.
Retailer HMV has reclaimed its position as the largest seller of physical music in the UK.
Music retailer HMV has grown its share of the entertainment market during the latest quarter, new research shows.
Music retailer HMV has revamped its website to offer download-only music purchases and magazine-style product reviews.