HMV go into administration for the 2nd time in 6 years Watch

Rock Fan
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Could it be the end this time?
https://www.bbc.co.uk/news/business-46699290
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Miss Maddie
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#2
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If you're over 30 it's a tragedy. If you're under 30 it's no biggie. HMV is an outdated shop using an outdated business model. The digital world is here to stay we don't need physical copies of things anymore.
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Pachuco
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(Original post by Miss Maddie)
If you're over 30 it's a tragedy. If you're under 30 it's no biggie. HMV is an outdated shop using an outdated business model. The digital world is here to stay we don't need physical copies of things anymore.
This is true but it makes me sad.
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Rock Fan
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I find it a sad day, I got some cheap films and games from there.
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Pachuco
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(Original post by Rock Fan)
I find it a sad day, I got some cheap films and games from there.
I got some vinyls. The selection was quite limited really. Really would love a dedicated vinyl shop, new or second hand, where music enthusiasts can just pop in for a browse and a bargain, and play some music on the turntables. Suppose people aren't into that any more. Bloody whippersnappers
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CoolCavy
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Who gives a ****, cant remember the last time i brought a DVD. Only people i feel sorry for is the workers and staff
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shadowdweller
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Definitely a real shame - hopeful it’s not the end for them!
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sachinisgod
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It was bound to happen... with Spotify/Apple Music and Netflix who actually buys physical CDs and DVDs anymore? If your business is based on this then i thinking preparing for the worst is what they should be doing.
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CoolCavy
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(Original post by shadowdweller)
Definitely a real shame - hopeful it’s not the end for them!
Don't worry you still have forbidden 🌍
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Pachuco
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(Original post by sachinisgod)
It was bound to happen... with Spotify/Apple Music and Netflix who actually buys physical CDs and DVDs anymore? If your business is based on this then i thinking preparing for the worst is what they should be doing.
I buy CDs and vinyl.

Some of us enjoy having a music collection.
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CoffeeAndPolitics
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(Original post by Rock Fan)
Could it be the end this time?
https://www.bbc.co.uk/news/business-46699290
Not surprised given that many high street chains have struggled and collapsed or have sorted CVAs to close several branches down. Unfortunately, HMV has an outdated business model and cannot compete with the likes of Spotify etc. and I reckon it'll have a similar ending to Blockbusters who failed to compete with the likes of Netflix and other video streaming services.
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CoolCavy
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(Original post by Pachuco)
I buy CDs and vinyl.

Some of us enjoy having a music collection.
Couldn't you get that stuff more conviently and cheaper from the likes of Amazon / eBay though?
When you consider the decline of the high street combined with the move to digitalisation this was always going to happen
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Rock Fan
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Does ask the question, who will be next?
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Pachuco
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(Original post by CoolCavy)
Couldn't you get that stuff more conviently and cheaper from the likes of Amazon / eBay though?
When you consider the decline of the high street combined with the move to digitalisation this was always going to happen
I don't buy from amazon. I have bought from Ebay before if I'm looking for a particular record.
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999tigger
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(Original post by CoolCavy)
Who gives a ****, cant remember the last time i brought a DVD. Only people i feel sorry for is the workers and staff
Brutal
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999tigger
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Sad for 2200 workers. havent been in for years. Physical media has just been overtaken by streaming and digital.
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Stiff Little Fingers
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(Original post by sachinisgod)
It was bound to happen... with Spotify/Apple Music and Netflix who actually buys physical CDs and DVDs anymore?
Yo. Streaming services can go die in a hole.
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Pachuco
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(Original post by Stiff Little Fingers)
Yo. Streaming services can go die in a hole.
^^^
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CoolCavy
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(Original post by 999tigger)
Brutal
Welp if you can't update your business model despite having entire departments dedicated to this shite as well as expensive access to services like MINTEL and WGSN you deserve to go under and let a better product model take your place.
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Jack22031994
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#20
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HMV is always going bust. It'll be back before you know it.
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