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G6Tanuki · 5th Feb 2019, 3:51 pm

The last 2 paras of the BBC article: "HMV sold 31% of all physical music in the UK in 2018 and 23% of all DVDs, with its market share growing month by month throughout the year.

However, the music industry expects physical entertainment sales to shrink by another 17% this year."

Growing market-share of a rapidly-declining industry. Hmmmm.

Though I'm a free-marketeer who is happy for businesses to provide services to their customers, the fact that HMV has crashed twice in the last decade really shouts out to me that this is not a business I will be wanting to see in my pension-fund. Will be interesting to see how it works out.

5th Feb 2019, 3:51 pm	#81
G6Tanuki Dekatron Join Date: Apr 2012 Location: Wiltshire, UK. Posts: 14,007	Re: HMV in administration. The last 2 paras of the BBC article: "HMV sold 31% of all physical music in the UK in 2018 and 23% of all DVDs, with its market share growing month by month throughout the year. However, the music industry expects physical entertainment sales to shrink by another 17% this year." Growing market-share of a rapidly-declining industry. Hmmmm. Though I'm a free-marketeer who is happy for businesses to provide services to their customers, the fact that HMV has crashed twice in the last decade really shouts out to me that this is not a business I will be wanting to see in my pension-fund. Will be interesting to see how it works out.