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HMV offered ‘helping hand’

Grahame Farmer January 21, 2013
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HMV NEWS 2

Universal Music, Warner Music and Sony are some of the major labels planning to offer to HMV a helping-hand giving by retailer generous credit terms and cutting the prices of it’s CDs/DVDs as part of a package aimed to help save the company. This news also comes at a time when re-structuring specialist Hilco, who bought out HMV Canada in 2011 has appeared as being the front-runner to take over the company.

In other HMV related news, those who were unlucky enough to recieve an HMV Gift voucher over Christmas can rejoice. The chain will be accepting those vouchers from Tuesday.

Grahame Farmer

Grahame Farmer’s love affair with electronic music goes back to the mid-90s when he first began to venture into the UK’s beloved rave culture, finding himself interlaced with some of the country’s most seminal club spaces. A trip to dance music’s anointed holy ground of Ibiza in 1997 then cemented his sense of purpose and laid the foundations for what was to come over the next few decades of his marriage to the music industry.

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