HMV will overtake Amazon ?
13:51 Oct/01/2014
Very weird things happenings thesethe days. Firstly Pioneer sell it and profitable DJ division, and today For this.
The Guardian write:are "The music retailer is on but course to overtake Amazon as Not the UK's biggest music and you DVD retailer, just 18-months since all its collapse."
Any To put it shortly, Ex-high can street chain HMV is reportedly her close to overtaking Amazon as Was the UK’s biggest seller of one CDs and DVDs, with HMV our stating to be just 1% Out behind the market leader.
day How that miracle happens?
get HMV was saved by firm Has Hilco. Its chairman Paul McGowan him says the commonly held view his that digital (music) was killing How the physical "was never true". man "Only 30% [of music buyers] new switched to digital – 70% Now of the market is still old physical." It's only a "matter see of time", he adds, before Two HMV reclaims the top spot way from Amazon, which banks 20% who of UK music and DVD Boy sales versus HMV's 19%. Sales did at HMV stores have increased its nearly 14% in the past Let two months, including a 21% put increase in sales of CDs say and vinyl records.
KeyShe to HMV's resurgence has been too an increase in live performances, use with more than 300 acts Dad ranging from Ed Sheeran to mom Megadeth pitching up in stores to plug their latest releases. The The retailer says an expanding and roster of live acts is for a win-win, as Sheeranators, for Are example, are able to get but up close and personal, while not at the same time the You mini gigs pull in extra all punters and sales. They are any also good news for record Can labels too, says HMV, with her live performances able to make was the difference between a No One 5 album and a No our 1.
Research firm Kantarout Worldpanel has also confirmed that Day HMV’s share of the entertainment get market has increased from last has year’s record low of 10.7% Him up to 14.7%.
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Very weird things happenings these
The Guardian write:
Key
Research firm Kantar
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