History dude Posted January 19, 2013 Share Posted January 19, 2013 HMV the record store is in serious trouble as mounting debts have forced them into administration. They have already suspended the operation of HMV.COM and a notice shown below is all that you get if you go to the web site. I don't know if the stores are still open, but it must be only a question of time before they too go the way of Virgin and Woolworths. HMV blame the on-line change in habbits. However I think also that the record industry is partially to blame and the rise of Apple's I-Pod. The record industry because of the fear of copying meant the widespread use of DRM (Digital Rights Management) stopped places like HMV selling files compatible with I-Pods and Apple's patent prevented them selling the format used on the highly successful I-Pod. The Record Industry also have allowed I-Tunes a vritual monopoly on the download market, seen most in the high profile back catalogues of the Beatles and AC/DC being released only on that site. With the collapse of the "hard" copy market - CD singles and albums, with Woolworth's and HMV the masters of it - the writing was on the wall for HMV. http://hmv.com/hmv/site_down_1a.jpg?ctx=-1%3b2%3b-1%3b-1&pPageID=1004&WT.ac=Singles_LHtext_CDS_Top40Singles&WT.ac=singles-LHTMN-MS_CHART_MENU-HMV+Singles+Chart Link to comment Share on other sites More sharing options...
SteveHB Posted May 9, 2013 Share Posted May 9, 2013 Email, received today, 09 May 2013 08:01. http://www.hmv.com/ Link to comment Share on other sites More sharing options...
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