Monday, 21 January 2013

HMV saved?

HMV Saved?

My understanding was that HMV called in the administrators when it couldnt get better terms off its suppliers, so was it all just a case of bluff calling gone wrong?

Probably not, but hopefully someone at the big music labels has realised that if HMV goes under, they are left with Super Markets, Amazon and iTunes as their only customers.

Both Walmart and Tesco have designs on their own music labels (I believe walmart already has it), Amazon is ****ing huge and negotiates from a position of extreme strength.

Many people have learnt that its a very bad idea to have only one customer, especially if that customer is TESCOPOLY like.

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Go **** yourself