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HMV about to enter adminastration!
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Re: HMV about to enter adminastration!
Jan 15, 2013, 13:21
Moon Cat wrote:
if the physical side of the market will just be whittled down to a collecters market, with such items being sold in dark corners or specialist haunts populated by the music equivalent of antique dealers, happy (and presumably able) to pay inflated prices for limited editions and so on.

HMV's problem is not that folk are downloading the new Gnod album and not buying the 12"gatefold from them. (Not reall saying that's your point, this just seems as good a place as any to make this point.) HMV would rather not bother selling you that. Major labels release a fraction of the titles they used to, relying on the one or two biggies and abandoning traditional A&R. These titles are bought by people in supermarket queues. That's the market they concentrated on. Hence being so frequently able to find he few choice titles reduced to clear

It's commerce that's simply wanted a chunk of a market it has not real tradition with. Hence the clothing lines and move to gadgety stuff (despite all the traditional companies in that area floundering). Bad, bad management. Like EMI
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