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UK’s Last Record Store Chain, HMV, Saved From Bankruptcy By New Buyer

MUSIC Posted: February 5, 2019 5:32 am

“Doug Putman, who runs the Canadian retailer Sunrise Records, has bought the UK music and film retailer, … [which] collapsed into administration just after Christmas, blaming tough conditions on UK high streets and competition from streaming sites such as Netflix and Spotify.” Two years ago, Putman and Sunrise bought Canada’s HMV stores, rescuing them from closure. — The Guardian

MUSIC Published: 02.05.19

Read the story in The Guardian Published: 02.05.19

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