No Rock And Roll Fun: Great news for HMV

Friday, May 20, 2011

Well done, HMV - with the agreement of a sale of Waterstones, you've managed to offload the bit of your business that wasn't a total basket-case.

Voodoo Roy said...: Waterstone's is a bit of a basket case unless the new owners have got lots of money to spend turning it round (they haven't). Book chains are going bust at a rate of knots the world over, for good reasons.

Either half of the HMV/Waterstones business could have gone pop at any point and taken the other with it so it will be some relief for HMV, but not much. They are still doomed.; 20/5/11 6:40 am
Simon Hayes Budgen said...: Waterstones might not have been out of the woods, but at least it had a strategy - and their new owner does have quite a lot of cash at his disposal...; 22/5/11 10:47 am

No Rock & Roll Fun