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Music News

HMV reportedly on verge of administration again

HMV reportedly on verge of administration again
Once a mainstay of the high street and the place where many people bought their music, HMV went into administration in 2013 as a result of both internet pressure and the move to streaming. It survived, just, changing it’s focus and was reported at one point to be selling more physical music products than even Amazon.
 
Sadly, it looks like administration is coming again. Sky News reports HMV have submitted a notice of intention to appoint administrators. 
 
Who knows what happens next for the 2200 staff?
 

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