HMV’s slow digital response to blame for demise – Musicmetric chief

HMV’s slow digital response was its undoing, says leading digital music expert

HMV confirmed the end of its three-year nose-dive into administration last night with the appointment of accountancy giant Deloitte. But its fate was sealed long ago by its slow response to the digital revolution, according to a leading digital expert.

The firm, which employs more than 4,000 people, ceased trading shares and issued a statement which said: “The board regrets to announce that it has been unable to reach a position where it feels able to continue to trade outside of insolvency protection, and in the circumstances therefore intends to file notice to appoint administrators to the company and certain of its subsidiaries with immediate effect. The directors of the company understand that it is the intention of the administrators, once appointed, to continue to trade whilst they seek a purchaser for the business.”

Gregory Mead, CEO of Musicmetric, the global music analysts, said:

“It’s a sad but inevitable fate for a much-loved stalwart of the music industry. But where retailers like John Lewis have embraced the internet – building customers through its Click and Collect service – HMV simply failed to adapt to the changing tastes of music fans and the seismic shift we’ve seen as everything has gone digital.

“While figures from the 2012 Digital Music Index showed file-sharing to be rife right across the UK, the upshot of this is that there are millions of fans accessing music each day. The challenge for retailers like HMV has been to find ways to tap into this – but you’d be hard pressed to be able to walk into an HMV store and buy songs directly on to your iPod.

“The changing face of music, and that digital technology has overhauled the way we interact with records, means that artists can engage directly with fans, meaning physical retailers have needed to evolve as well. While previously it was all about CD releases and the Sunday chart show, now the most important thing is knowing where your fanbase is and what drives them so you can market to them directly and maximise revenues from a myriad of sources.”

The Wright Wing Part 2

Disclaimer: Ignore whatever he says. He knows nothing.

 

Warning: This week’s article might get a big heavy so I will punctuate it with jokes

 

This week was meant to be the 150th Anniversary of the London Underground but you know…delays.

 

While it’s not strictly political news BBC this week ran another series of stargazing and asked us all to help explore Mars. I’ve been exploring them for years but I have gallstones now so they’re a bit too fatty to eat now. While we’re on mars right “mars a day helps you work, rest and play” might be the biggest lie in all of advertising history.

 

I like to write my stand up material in the nude…yeah…bare jokes!

 

MP’s in an anonymous survey have stated that they believe they deserve a 32% pay rise. I can almost hear them justifying it by claiming it was less then a 3rd.of a pay rise. In this time of, as we are constantly reminded Mr Chancellor, austerity to suggest a 32% pay rise for yourself is a another blow to the public’s opinion of who you are what you do a MP’s. I don’t have anything funny to about this but it is most certainly a joke. Meanwhile starting salary for people in the police force will be cut £4,000. Wonder if those at the top of the police force will see similar pay cuts. I highly doubt it.

 

A lot of the time new hip hop music gets me annoyed, you know, makes me angry. Thankfully it’s only a Tinnie Tempah.

 

The first portrait of the Duchess of Cambridge has been unveiled. And I have to say that I wasn’t aware Karen Brady was the duchess of Cambridge. Take a look at it again yeah and see I’m right about this.

 

Lord Strathclyde has stood down from his position in the Cabinet. This ends his 25 year run as a part of the Conservative front bench. There are no jokes I can make here. Legally and from a liable point of view there are no jokes to be made here at all. Nothing to do with any sort of criminal investigation currently going on. I have no idea what you think I am a implying here. His friends have said there is no political reason for his departure. And why should I question that. I am sure there isn’t if they say there isn’t. SO obviously there is no joke to be made here. Let’s all move on because clearly, and I want to make this very clear, I am saying nothing about this or anything to do with hotels in north Wales. I do not review hotels in north Wales is what I mean. Clearly there is no connection here at all. Legally I want to make that clear.

 

I don’t know about you but I have an extensive disaster kit prepared at all times now because if even Labrinth is predicting an earthquake then I need to be prepared.

 

And yes that is an old joke but not as old as this one

 

Don’t go chasing waterfalls? Is there any need to chase them? Surely you just find them. Like they don’t move location. Yes they involve moving water but the waterfall itself doesn’t move so there is really no need to warm me no to chase them. Because why would I chase them? Yeah. Current.

 

David Cameron has accused UKIP of containing some pretty odd people. Because The Conservative party is a model or normality Mr Cameron? Pot. Kettle. Kettle. Pot. You get the idea.

 

HMV has gone into administration and I am feeling a little like I’ve lost a friend. I loved HMV and I spent plenty of money in their stores. HMV was like a second home I spent so much time in there. I will miss it. HMV will be a loss and now where do I physically buy DVD’s in the “high street”? Nowhere. Upset is an understatement.

 

Dear David Irvine, get your finger out and start putting an end to these “protests” over the flag. While I don’t agree with Belfast City councils decision to limit the days the flag is flown over Belfast City Council this is not the answer. Mr Irvine, along with other “political leaders” who are linked to organisations like the UVF need to call this off. They need to realise that this will solve nothing and actually makes the case the DUP are trying to make harder.

 

And Finally Nick Clegg has confirmed he will stand as a candidate and seek to be return to parliament at the 2015 General Election. This is apparently news. A man saying that he wishes to continue doing his job is news. A career politician saying he WILL stand for election is news. Surely it would be news if he wasn’t going to stand in 2015. That’s news. And to many Liberal Democrats that would be welcome news.

 

Thanks. Come back next week when I will be taking a look at the evolution of the teapot and how we stored tea before it was invented. (in case you hadn’t figured it out anything I tell you will come up next week never will)

The Hunger Games Live Reaping, Win Tickets To Premiere

THE O2 ARENA HOSTS A FAN SCREENING OF THE 15 CERTIFICATE VERSION OF THE HUNGER GAMES AND LIVE REAPING ON TOP OF THE O2!

LET THE GAMES BEGIN…. Monday 3rd September sees the release of the phenomenally successful film, The Hunger Games on 2-disc DVD, 2-disc Blu-Ray, TVOD and digital download formats

To open the celebrations, last night London’s O2 Arena played host to a very exciting event to celebrate the release of Lionsgate’s The Hunger Games this coming Monday. Fans were treated to an exclusive screening of the 15 certificate version of the movie, previously not screened in the UK, hosted by friends of Panem and top UK entertainment site Digital Spy. To let fans get even closer to the action and really fill the shoes of Katniss Everdeen the screening was hosted at Cineworld at the O2’s D-Box theatre so attendees could feel every heart-wrenching moment of the games!

As well as the chance for fans to see the 15 certificate of the hit film, 12 lucky competition winners, our very own Tributes, also had the amazing opportunity to ascend the O2 to take part in a live reaping on top of the Arena itself. Our winning tribute Ryan Crane from Leytonstone, London, received a pair of tickets to the World Premiere of The Hunger Games: Catching Fire for his bravery and courage in scaling the famous London structure! Our plucky winner said: “The event was brilliant, it was really windy when we got to the top and really dramatic. I’m so excited to be going to the world premier, it was so unexpected. I dorkily hugged the guy when I won, it was quite embarrassing!”

The Hunger Games super fans show their District respect at the exclusive screening of the 15 certificate version of the hit film at the O2 Arena last night. (picture of three fingered salute on top of the Arena)

 

FANS OF THE HUNGER GAMES URGED TO ‘CHECK-IN’ AT HMV STORES FOR THE CHANCE TO WIN BIG!
  • 12 HMV stores to host a ‘Live Reaping’ on Sunday 2nd September to celebrate the DVD, Blu-ray and Digital Download release of The Hunger Games.
  • Fans checking-in via Foursquare have a chance to win prizes and a pair of tickets to the UK premiere of The Hunger Games: Catching Fire.
  • Culminating in national ‘Capitol’ live reaping at 3pm

To celebrate the release of the phenomenally successful film, The Hunger Games on 2-disc DVD, 2-disc Blu-Ray, TVOD and digital download formats

In tribute to the science fiction blockbuster, twelve HMV stores around the UK and Ireland have been selected to act as special regional ‘districts’ on Sunday, 2nd September – the day before release.

Fans of The Hunger Games who visit one of the 12 participating stores on Sunday 2nd between 2pm and 3pm can check into the applicable HMV store’s Foursquare account. They will then be automatically entered into a regional ‘Reaping’ whereby two names or ‘Tributes’ from each District will be put forward for a very special Reaping taking place in ‘The Capitol’ the same day – at HMV’s Flagship Oxford Street store.

In the Oxford Street store, a ‘Capitol Representative’ will conduct a live Reaping after 3pm. They will select names from two fish bowls, just like in the film. The first name will be taken from a bowl holding the names of the 24 Regional District winners.  The second name will be taken from a bowl holding all the names of attendees at Oxford Street branch. These two lucky Tributes will each win a pair or tickets to UK premiere of The Hunger Games: Catching Fire – the next instalment of the series.

Although only a select few can be chosen as Tributes to battle for the ultimate prize, 100 lucky attendees at each store will have the opportunity to purchase the HMV exclusive 3 disc double play steelbook a full day ahead of the national release. In additional the 24 regional tributes will each receive a The Hunger Games goody bag.

See list of participating stores, below.

Participating HMV ‘District’ stores:

1.    hmv Glasgow, 235 Buchanan Street
2.    hmv Edinburgh, 29 Princes Street
3.    hmv Newcastle, 59 Northumberland Street
4.    hmv Manchester, Trafford Centre
5.    hmv Birmingham, Bullring Centre
6.    hmv Leicester, 9/17 High Street
7.    hmv Norwich, 21 Gentlemans Walk
8.    hmv Cardiff, 53/57 Queen Street
9.    hmv Bristol, 24/26 Broadmead
10.  hmv Southampton, 56/58 Above Bar Street
11.  hmv Belfast, 3/6Donegall Arcade
12.  hmv Dublin, 65 Grafton Street
(13) Capitol City reaping: hmv 150 Oxford Street

THQ ANNOUNCES DARKSIDERS II COLLECTOR’S EDITION FOR EUROPE

THQ announced today that a Darksiders II Collector’s Edition is available for pre-order on the Xbox 360, PlayStation 3 and Windows PC.

The Darksiders II Collector’s Edition will include The Limited Edition version of the game as well as a life-sized replica Death Mask with display stand, a unique Shadow of Death armour and scythe set with enhanced stats, a digital copy of the Darksiders II sound-track and a hard-cover Darksiders II art book. The Collector’s Edition will be available in limited quantities as a pre-order item only and is anticipated to sell for around £79.99.

In UK & Ireland the Collector’s Edition will be available from GAME, HMV, Amazon, Play.com, Gamestop and other select retailers as well as the THQ.com store.

The Darksiders II Limited Edition will include the standard retail game along with a unique code allowing the purchaser the opportunity to download the game’s first single player downloadable content pack, Argul’s Tomb for free once it becomes available. All pre-orders of Darksiders II will receive the Limited Edition version of the game at no additional cost.

Darksiders II follows the exploits of DEATH, one of the four horsemen of the Apocalypse, in an action-packed tale that runs parallel to the events in the original Darksiders game. This epic journey propels DEATH through various light and dark realms as he tries to redeem his brother WAR, the horseman blamed for prematurely starting the Apocalypse in Darksiders.

The original Darksiders, released in January 2010, received critical acclaim including the Best Fantasy Game 2010 award from IGN. Darksiders followed the story of WAR, wrongly accused of starting the apocalypse, on a quest to reclaim lost honor and take revenge on those who wronged him.

Want to check out the trailer? Of course you do – have a look below and don’t forget to give us your feedback!

 

The government closes the loophole which allows VAT on small goods

The government have announced plans which will stop retailers avoiding paying VAT by procuring goods from the Channel Island. This oversight has been used more frequently by retailers selling CD’s and DVD’s online. This loophole was costing the government £140 million a year. Low Value Consignment Relief (LVCR) will not apply to goods sent from the Channel Island to the UK from the 1st April. LVCR set up for tax exemption purposes for goods coming from outside the European Union so that they could avoid paying small amounts of tax, as collecting it would cost the more.

Kevin Flood, the CEO of Shopow said, “There has been an unprecedented movement of demand from consumers for cheap goods such as CD’s and DVDs online, fuelled by the downturn in the economy and lagging disposable income. The closing of the VAT loophole could force British consumers to look further afield for cheap deals.”

Kevin adds, “The closing of the VAT loop hole is good news for traditional British high street retailers such as HMV and Waterstones, who have come under fierce pressure from Channel Island registered online retailers, whose sales models have been taking advantage of the loophole in the VAT rules to offer cut price goods to British consumers. The situation is not at all good however for the run of the mill British consumer, who will quite literally pay the price.”