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Plans to save HMV

20 January 2013 | 6:24 pm | Staff Writer

In brutal circumstances, music retailers HMV and rental chain Blockbuster have gone into recievership. However, there is light over the horizon for the chains.

In brutal circumstances, music retailers HMV and rental chain Blockbuster have gone into recievership. However, there is light over the horizon for the chain. Negotiations are open for the purchase of the chain. Between the two companies, over 8,000 jobs are at risk. This follows with the trent of HMV's tumultuous past which led to the last Australian store closing in 2010.