Hilco keen to keep open half of HMV stores - report

Restructuring firm Hilco wants to keep open half of HMV's 223 UK stores, and may be boosted by a new generous deal with entertainment suppliers.

According to The Daily Mail, record labels are considering allowing HMV to buy CDs and DVDs in instalments over an extended period.

Hilco is believed to have paid around £40million for £120million of HMV’s debt last week, as it effectively took control of the business from administrators Deloitte.

Meanwhile, the Telegraph reports that RBS ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start free Trial

Register for a Music Week trial to access this article. Sign up today and you will receive:

  • 4 weeks access to news, features and chart analysis
  • 4 Digital issues of Music Week
  • The Music Week app
  • Tailored email news alerts
Start your free trial

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...