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Hilco To Save HMV Brand in £50m Rescue Deal

There might just be life in the old dog yet: Nipper, the mascot who has peered into a gramophone in HMV shop windows for more than 90 years, appeared close to being saved in a £50m deal that will safeguard 2,500 jobs and up to 140 branches of the UK's last major high street DVD and CD chain.

HMV administrators keep film and music releases flowing

Administrators of HMV have struck a temporary deal with film studios and music labels to ensure that new releases, such as the Bond film Skyfall and Madagascar 3, continue to flow to the group's stores, as the future of Britain's last major high-street music chain is thrashed out.

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Hilco To Save HMV Brand in £50m Rescue Deal

There might just be life in the old dog yet: Nipper, the mascot who has peered into a gramophone in HMV shop windows for more than 90 years, appeared close to being saved in a £50m deal that will safeguard 2,500 jobs and up to 140 branches of the UK's last major high street DVD and CD chain.