HMV Goes into Administration in the UK
Music retailer HMV, with 239 stores in the UK and Ireland, has gone bankrupt (aka ‘entered administration’ in the UK) after one final push to secure funding did not work (via Yahoo). Accounting firm Deloitte will
cook the books try and keep the stores open as they look for a buyer.
HMV was first opened on Oxford Street in London in 1921, and became a massive and recognizable music store. After great heights in the 1990s, online music and the lack of physical album purchases led to a decline in sales. Even a shift to DVDs and games couldn’t help out HMV. Is this a surprise? Sadly, no – people in Toronto know all about the closing of music stores (goodbye Sam the Record Man and Tower Records, to name a few).
Guess Who Tied a Michael Jackson and Bruce Springsteen Chart Record? Calvin Harris. Who?!
Scottish DJ Calvin Harris, has had a massive 7 tracks from the same album reach the top 10 in the charts, tying a record with better known dudes like Michael Jackson and Bruce Springsteen. Harris’ track, Drinking from the Bottle (which flu doctors everywhere hate), hit number 5 in the UK, making it the seventh track in the top 10. The other 2 albums are Michael Jackson’s Thriller and Bruce Springsteen’s Born in the USA (via Gigwise).