Re: HMV in administration.
I think you're right as far as smiths go, a primary product of theirs - books, are still viable and has weathered far better than CDs have. They still exist mainly off of revenue from travel stores however, where there is a captive audience, many high street stores are not profitable once the rent, rates and staff are paid.
There are plenty of cases of musicians not being paid for music being on spotify, but theyre not the big players, its the smaller folks without the same legal representation that the bigger acts have access to. So Im not sure that's too relevant, those acts will not be streamed in huge numbers
To be honest the only people I know still buying CDs are probably aged 40 plus. There is simply no younger market any more and that's a big problem for retailers of music, where pop has for a long time been about youth
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