For the record a massive piece of HMV history is never reported: for more than 20 years in the 80s & 90s HMV were the ‘bad guys’. They were ruthless and put countless independent and small chain local retail record shops out of business and this was a huge concern for music fans for many many years. They were ruthless and took advantage of cheap money on the markets to expand aggressively obliterating brilliant record stores up and down the country. Music fans could no longer source smaller up coming bands/artist, or local acts with small record deals. The music industry could no longer market their products properly due to the HMV dominance. They called the shots. When times changed - with streaming/downloads - to destroy their business model, it couldn’t have happened to a nicer organisation. I’ve noticed how history has been totally rewritten and HMV is some sort of sob story, they were the little guy or how we should feel sorry for them? What goes around always comes around.
@BusinessifyYT
9 ай бұрын
Really interesting points!!! Thanks for sharing!
@markg6749
9 ай бұрын
Well said! I worked at an independent music store in the early 00's and HMV pretty much put us out of business and two of their staff even came to scoff/gloat on our final day of business and I remember them saying "HMV will never go out of business", yet a few years later, the whole company almost went under. As you say, karma came back to bite them on the derriere and they were definitely the enemy to independent music stores and in a way, they still are; They don't get to take part in Record Store Day because they are not independent, they are the big multi-store business.
@johnlochness
9 ай бұрын
I was a huge buyer of records in the 80s and early 90s, but I rarely went to HMV, it was sterile and soulless, and just sold the chart and mainstream stuff. Always preferred small independent stores.
@antwhite3899
9 ай бұрын
You think hmv stared with 100 store's or 1? It's a free market where they took advantage and independent store's just do their thing and complain when someone has a better business strategy
@harrydance1969
9 ай бұрын
@@antwhite3899 exactly - it is a free market, but the very point I have made is that the narrative for HMV - when they went under and were struggling - is that they were somehow the ‘David’ (of the and Goliath story) and are positioned as the VICTIM and “what a shame / poor old HMV”. They never gave a flying f*** about the competition when they were in their ascendancy, annihilating much loved businesses with a McDonald’s model of music retailing, but - in your words - that’s market forces. Absolutely fare enough, but we shouldn’t have there for felt sorry for them. Thats the point being made. They were once the faceless conglomerate killing competition but somehow history has been rewritten to make them the poor victims. You are missing the point being made. There is a patchy understanding of their history and a revision of it. Ironically HMV were extraordinarily old fashioned with their clumsy idea of what retailing was - build debt to open endless stores (in excessively prime locations) and undercut everyone, destroying margins for an entire industry. Stacking em high and selling cheap, but in doing so reducing the choice on offer and killing the sector that served real enthusiasts. They went after the entire market in a clumsy bid to own it all - redefining the industry. Cheap Now That’s What I Call Music compilations, massive displays for the latest Elton John release and miles of cheap DVD landfill all on a tiny or suicidal margin. Yep, very progressive retailing? The board were old fashioned retailers able to spend while becoming increasingly indebted . Profitable specialists were muscled out - consumers lost out. HMV got what it deserved.
@lenniet
9 ай бұрын
There is nothing like opening a new record, carefully placing it on the turntable and listening to it in the order that the artist intended it too be listened in. No skipping, no shuffle. Perfect.
@SecretOfMonkeyIsland784
9 ай бұрын
No skipping, dont jump about near the record player then
@BusinessifyYT
9 ай бұрын
True! Thanks for sharing.
@hevihoo
9 ай бұрын
For me it's absolutely about holding a physical copy in my hands, watching the artwork, reading the lyrics, liner notes etc. And you're forced to stop and spend some time with the actual damn record. I also like going to a record store and not having everything in an instant. You go shuffling through the selection available and sometimes you find surprising things and the other times nothing at all. I think it makes it a bit more special and connects you more with the record when you have to make some effort to have it. I just think that it devalues the thing if it's just there in the snap of a finger whether it's the music, movies etc. I do use streaming services also but never have bought just a digital album. I search for new stuff and if I like something I buy a physical copy of it. Of course it's pretty convenient to take your music with you wherever you go or whatever you're doing but there's the trap of music becoming just a less meaningful background noise for everything. There are ups and downs. There are also the sound issues of course. Some cds have remarkable sound issues but then again a badly mastered, pressed or whatever vinyl isn't any better. If a streaming service offers you the brickwalled cd version it doesn't make much of a difference how high the available bit rate is. A bad original source is just bad. Nowadays when using streaming services I prefer Tidal over Spotify since I find the audio quality much better. And there are some pros in the app also. I hate the tiktok-like scrolling Spotify keeps pushing for me. And too often the recommendations are clearly not based on my listening history at all. If you sacrifice your privacy then the least you should have is an algorithm that actually knows you and your taste. Then again those are just annoying more trivial issues. In the end whatever works for you go for it as long as you're paying the artist for the work. It's all good if the music and people behind it are appreciated enough to get a fair compensation. I don't have any statistic reference here but I guess it's pretty safe to make a claim that music is being played and consumed more than ever in the history of mankind so it shouldn't be a dying market at all.
@BusinessifyYT
9 ай бұрын
Thanks for sharing!
@Leo-rs8mv
8 ай бұрын
It should have been the British FNAC (French).
@Chris-dz3rs
9 ай бұрын
Here in Canada ,we had them as well. At many malls,they had competition from Sunrise Rec and they were often both in the same malls. Eventually, HMV declared that if the malls renewed the leases, then HMV would leave. The malls made Sunrise leave . Three years later ,HMV Canada declared bankruptcy and Sunrise returned to the malls . I love irony .
@BusinessifyYT
9 ай бұрын
Thanks for sharing! Yes, they had quite a presence in Canada.
@summersky77
9 ай бұрын
If vinyl's a fad, it's the longest one I've ever seen. 20+ years since its resurgence. I wouldn't count on another 20 years, but who knows?
@BusinessifyYT
9 ай бұрын
I did regret my wording post recording - forgive me on the first video! I would say more is it a passing trend - if we were to look at vinyl sales around 2012 we wouldn’t be mentioning it as digital was the focus - but its resurgence is either a passing trend or is a strong message to the Digital giants it is here to stay - of which I’m not sure it is…! Thanks for the comment!
@michaelhawkins7389
8 ай бұрын
@@BusinessifyYT HMV are now doing really well.. also Vinyal came back popular in 2025 because of Ariana Grande and Ed Sheeran that release Vinyl to a general who never grow up with it , so it was like new , to them.
@geraldoram2453
9 ай бұрын
I really don’t understand why people prefer streaming. I much prefer to buy my music on cd and vinyl. It belongs to me and I get to keep it.
@BusinessifyYT
9 ай бұрын
Good point! Seems many people agree on here. Thanks for sharing!
@ApolloT-vp5dn
9 ай бұрын
HMV isn't on the demise. They're expanding. They just moved back into their original Oxford Road location in London and they're opening new stores. They also have the largest vinyl store in the UK. Vinyl definitely isn't a fad and is growing consistently year on year. It's been 20 years of growth. Last financial year HMV doubled their revenue. I go to HMV all the time. I buy films and music consistently. As many are now seeing, streaming is becoming more expensive for lesser quality. While digital purchases are basically rentals that can be taken away any time. Consumers are waking up to that reality, and I think this will stabilise the physical market in the coming years. When this happens, HMV will be well positioned to take advantage.
@BusinessifyYT
9 ай бұрын
I agree with most of your comments! HMV is doing very well as the video ends states, may I ask - why do you choose to shop HMV for film over Netflix? Do you think Plex is the future?
@ApolloT-vp5dn
9 ай бұрын
@BusinessifyYT I choose HMV because they are well stocked and their customer service is usually very good. I would much rather browse in a shop and pick up physical music and movies. So I'll happily buy from a specialist retailer. Things like Netflix curbed my expenditure on movies for a while. But with rising costs and newer content being pretty poor in general, I've stopped watching Netflix etc. I would rather build a definitive collection of music and movies that is mine, than rely upon an ever changing landscape of digital content that rarely has the film I want to watch, when I want to watch it.
@SunFrame
9 ай бұрын
I can answer for myself.. it's because Netflix sucks, I hate Amazon and I appreciate HMVs high street presence.
@gingernutpreacher
9 ай бұрын
@@BusinessifyYTPlex?
@Properbellend
9 ай бұрын
This resurgence will be short lived. I hate to be the pessimist but its true. Physical media will die a lingering death then it will be gone. Vinyl is just a fad. Sad times but its a natural evolution of media.
@richmlvcable
9 ай бұрын
at what point in time did British people start pronouncing the letter "H" as "Haitch"?
@dlarge6502
9 ай бұрын
How else would you say it?
@ftumschk
9 ай бұрын
@@dlarge6502 The word is actually spelt and pronounced "aitch" - there's no leading "hhhh" sound.
@BusinessifyYT
9 ай бұрын
I really do apologise my accent has offended some people! 😂
@ftumschk
9 ай бұрын
@@BusinessifyYT No offence taken, and it's not really an accent thing anyway. Many people from all over Britain think the letter aitch is "haitch".
@richmlvcable
9 ай бұрын
@dlarge6502 I don't think I've ever heard anyone refer to the NHS as the N Haitch S?
@dlarge6502
9 ай бұрын
"We all started to switch away from CD's" No. "we all" didn't. I was dead set against MP3 from the start. Hated the concept, tried it, learnt about how it worked internally. Then I found out about all the patents, and later the DRM. I went on the warpath against DRM, ridiculed by my peers until they all came to me years later asking why they couldn't do X or Y with their little brothers tracks, or even with their new CD they were trying to rip. "I told you so" never crossed my lips lol. I offered up nothing much at all as I had long abandoned MP3 and non-compliant CD. Anything I did rip I ripped to ogg vorbis, not that anything could play it but that was fine as I was using minidisc when portable and in the car, mostly to listen to podcasts and the vorbis stuff was on the PC for when I did my coursework and then away from the PC was the standard CD/radio unit I had for a decade. Now I use the minidisc recorders for field recordings, along side a flash based recorder but that needs TLC before it's fully working. I just use DAB in the car for talk radio stations and CD for music if I need it. Now I have my own place, the vorbis files are mostly archived, the CD players are everywhere so I have literally zero need to rip or stream anything. I have a 3 disc changer next to my bed, and a Sony CD recorder as the main player in the living Room, which I also use to digitise LPs to CD and rip on the PC. The dvd recorder, Blu-ray player can all play CD obviously, then there is the Blu-ray player in my bedroom too (with the 3D TV), and I use 2-3 PCs and 2 laptops, all of which have optical drives. I have 1 MP3 player. It sits on the shelf like an ornament waiting for a use lol. I used to use it on long drives to listen to podcasts, but recently I upgraded the radio in the car and it can play the MP3s directly. MP3 is ok for me now as patents have expired and DRM is half of what it tried to be. I avoid drm where possible or allow it if I have the means to break it or work around it. Now I'm in HMV and see huge numbers of people clamouring over the vynil, CD sales got an uptick too. I see budding groups of all ages dashing to the charity shops to hunt out CD's (I'm one of them). I never stopped buying physical games or dvd/Blu-ray and have some UHD, and again for the main reasons that although in the case of video I do stream, I mostly aim to own. HMV usually manages to suck £60 or so out of my pocket when I go in there, I have way more video than audio I have to admit, my taste in music is pretty limited so was for two decades served by a collection of 25 or so CD's, why would I rip that lol, thats probably why I found it easy to stuck with CD and go against DRM? My video collection however greatly dwarfs it, so you'd think I'd go full in with Netflix etc? Well I do at times and it reminds me just how little of what I have is on Netflix, thus it's been relegated as a way to watch something im not sure about or dont care to own (shelf space is limited after all). Oh and HMV in Milton Keynes had a live band in there last time I went in. I never knew they had such things, it took be a few seconds to realise that it was a live band and not some CD the staff had put on!
@JRCSalter
9 ай бұрын
DRM is not only annoying, it is pointless. If someone is determined enough, it is possible to remove, and once it's done, then the raw file is available on the internet forever if you know where to look. The entire stated purpose of DRM is to prevent piracy, but if the pirates already have the file, then why not just release DRM free versions, and allow the user to do what they want with it. I have no problems with digital itself, but the reason I don't 'buy' digital, is because it is restricted, and can even be taken away Sony. But if digital was a simple download of a lossless file with zero restrictions on it, then I would likely buy it.
@BusinessifyYT
9 ай бұрын
Really good argument gentlemen - thanks for sharing on our first video!
@johnnycarrotheid
9 ай бұрын
Have my 50" 3D Plasma TV in my bedroom. Heavy as all hell putting that on the wall, but I wasn't getting rid of it. PS3 connected to that as well which can play 3D, plays everything tbh, 1080p lit of the TV so 🤷 Admit I haven't used 3D for a long while but I kept it all. Kept it even with a meta quest for vr viewing 😂 I was about on the early 00's in the great pirate times. Could see DRM being a total useless pointless mess a long time ago.
@Jd-88
9 ай бұрын
A small part of me died when they closed my favourite HMV store. It was my main reason to go to that retail centre as i could always nip in and grab a CD or a movie. I very rarely go there now except for the clothing/sports stores or chritmas gift time. It was on my way home from work and i could literally spend an hour just browsing until i found the golden gem. Used to love the listening posts to hear new music. HMV did have at one time an online service with discounted CDs I used to purchase quita a lot. Admittedly times have now changed and all my music is now digitally bought.
@BusinessifyYT
9 ай бұрын
Thanks for sharing!
@kenpudsey6435
9 ай бұрын
I agree Jd..I was gutted when HMV closed..I hate this streaming crap..I want to be able to go out and buy my copy from the store and go home and play it on my stereo...bring back CD's and vinyl and let proper music and movie fans decide.
@bananagumboot87
9 ай бұрын
Really good breakdown here, you should have more viewers. You surprised me at the end by dismissing vinyl. Give it a try and delve into it... Spotify does not appeal to many, you are just renting the music. What happens if the cloud crashes or they decide to increase their prices?
@BusinessifyYT
9 ай бұрын
you know you raise a good point! there are benefits to vinyl which I may dismiss here, I just can’t see a route where mainstream will stick to non-subscriber based music sourcing. for instance, vinyl does have the benefit of once it’s yours it’s yours! Which I can understand is a great benefit. Thanks for the comment about my content! First video on YT so only way is up hopefully!
@garygrimmett7945
9 ай бұрын
Over the years I've seen 100s of bands and met quite a few ...and all the ones I've spoken too about formats...etc..vinyl always comes top...proper way of listening to music...on high end gear especially 👌
@merrymonarch
9 ай бұрын
I have some vinyl. I feel that 90% of the experience is the ritual. Getting the record sleeve off the shelf, getting the record out of the sleeve, putting it on the deck, waiting... If you have a side by side comparison of CD/high quality digital format vs. vinyl the vinyl always is second best. Sorry.
@SecretOfMonkeyIsland784
9 ай бұрын
You use a record as a argument for pro physical ... well the same could be said for a CD, its superior in every way to a record apart from having smaller artwork.
@harrydance1969
9 ай бұрын
HMV were exceptionally arrogant. They were offered several opportunities to partner on download sites etc and refused, blindly feeding their mountain of debt to fund endless shop openings to stack their DVD bundles high and make huge displays for the latest Elton John album which they would sell cheap - they thought they were it and their “retailing” board got what they deserved.
@GallowsClough
9 ай бұрын
I remember the price of CD albums creeping up and up in the early 2000s before digital music became widespread. Had it continued we'd be paying on average 30 quid plus now and the Internet saved music lovers from sheer opportunism on the part of the old record industry.
@BusinessifyYT
9 ай бұрын
Yep - exactly!
@westcommonroom9737
9 ай бұрын
Years ago now at some conference or other a BPI insider castigated the industry for demanding top money for back catalogue product which had recouped its costs decades earlier. Carry on doing that he said and you'll kill us. He mentioned a price which he reckoned would still give everybody a decent margin, I can't remembmer what it was. The disrupters like Naxos showed exactly what could and should have been done. I have never been without a decent turntable and have never replaced any vinyl!
@JeremiahPickardMusic
9 ай бұрын
I regularly visit my local HMV for CD purchases, I've even played at their live and local. I just love the idea of browsing the CDs, and even the vinyl though I don't use it personally. In my eyes, and the eyes of many others, HMV is still a great place to go and shop for physical medium.
@BusinessifyYT
9 ай бұрын
Interesting! Thanks for sharing.
@chrislj2890
9 ай бұрын
Glad to hear that they have rebounded, and I wish we had them here in the U.S.
@BusinessifyYT
9 ай бұрын
Nice to hear it Chris! Hope to hear your thoughts on the next video.
@juniusvindex769
9 ай бұрын
I once visited HMV in Swindon about 20 years ago. I got most of the Judas Priest albums I was missing for around £5 ( 4 albums), where my local record shop was charging £10 per album cd.......... It was a no brainer. I like physical copies as my downloaded stuff was left on old devices and non transferable once they packed up.
@BusinessifyYT
9 ай бұрын
My Dad had the same thing happen to him - at 79p a song that was a lot of money spent!
@glenkean3407
9 ай бұрын
Cd still rocks.
@BusinessifyYT
9 ай бұрын
Seems so! Thanks for sharing.
@invisiblekid99
9 ай бұрын
At least buying phsyical media means you actually own the music. You don't own a thing when buying downloads, apart from the right to play it.
@BusinessifyYT
9 ай бұрын
Very good point!
@leecroft7311
9 ай бұрын
We have a large one in Exeter city center, but i would be surprised if it is here this time next year. Most people (including myself) walk in, walk around looking at things a walk out without buying anything. It's more of a museum of the past if anything.
@andysims4906
9 ай бұрын
I have never downloaded anything digital. I always want a physical copy . I almost always try to buy-in in store to try and keep people in jobs even if it’s a couple quid more
@garyburchgb
9 ай бұрын
I think vinyl is the epitome of having something physical and tactile. Given the world went the other way with digital, it makes sense people want some tangible again. I dont own any vinyl, but i can see it continue to prosper in the future.
@ShanghaiRooster
9 ай бұрын
The vinyl resurgence is a mystery to me too. There will always be those who claim it has the best sound quality, in which the word 'warmth' will likely make an appearance. That warmth, as David Thomas of Pere Ubu once quipped in simply audible distortion caused by the needle scraping its way through the groove. But, no matter to aficiandos. A lot of vinyl is bought just for show. Surveys both here and in the USA consistently say that around 50% of vinyl purchasers don't own a record player. During the early days of the vinyl resurgence there emerged record shops which also sold picture frames to cater to that section of buyers who bought LPs to hang on their wall. Does vinyl have better sound than CD? In the early days of the latter format, arguably yes. CD mastering was often just straight transfers of vinyl masters, and the machines and especially cables were infant technologies. A CD player has a much higher output voltage than a record deck; something easily demonstrated by how high you can turn your volume control on the amp up before it gets too loud. With vinyl that would be somewhere between 11 and 12 O'Clock, but with a CD player using a regular cable, around 9 O'Clock is more likely. Switch the ordinary cable for a proper CD interconnect, and you'll be able to turn the dial to the same as you would with vinyl. Some CDs still suffer from the so-called 'loudness war' effect too, even today.
@JRCSalter
9 ай бұрын
Vinyl sucks. It's big, and bulky, easily prone to scratches and dust, requires a very specific set up, and you have to get up to turn it over every twenty minutes. But I love it. I love the physical aspect of it. I love the fact it is literally music made physical, and you can see the sound. I love the large artwork. I love having a piece of memorabilia for something I enjoy. I certainly don't think it sounds better though. Sure, the loudness war isn't something that really affects vinyl from what I understand, but most music nowadays is recorded and mastered digitally, so the sound you get from vinyl is the same as what you'd get from a CD. Of course, this is coming from someone who can't tell the difference between a mp3 and high quality file, so what do I know.
@BusinessifyYT
9 ай бұрын
Interesting points gentleman - I have to agree! Thanks for sharing on our first video!
@nigelfreeman6192
9 ай бұрын
The loudness war is well and truly still in place. I have some cd’s and even digital lossless downloads (flat), that I just can’t listen to all the way through. Because of the loudness war, there is no dynamics or very little dynamics in the music. Apart from compression a limiter is often used to keep the level at say -1db. Try putting a cd through adobe audition and you will see what I mean.
@JRCSalter
9 ай бұрын
I regularly shop at my local HMV. However, it recently had a refit, and has reduced its video selection, which is unfortunate. Now it is primarily a vinyl and merch store. It still sells CDs, which is something I still collect, and I also enjoy vinyl. I like the physical aspect of these formats, and the fact that I own it rather than renting it like you would on digital services. The video selection, while decreased, seems to be geared more towards two categories. The really popular stuff, superhero movies and big budget films, and the boutique blu-ray brands such as Criterion and Arrow. There are definitely other things there, and they still sell many old TV show boxsets like they used to, so it's not all bad, it's just a reduced selection. I am also disappointed at the lack of classical music and world cinema options. I understand these are less popular, but they used to have an entire wall dedicated to classical CDs, and now it's barely a shelf, and a single bin of vinyl. Both of which are dedicated to the more marketable artists, rather than composer. World cinema never used to have much of a selection anyway, so that hasn't dwindled that much, but I would have thought they'd expand it a little with the rise of interest in media following the success of things such as RRR, Squid Game, and Parasite.
@BusinessifyYT
9 ай бұрын
Really interesting take! Thank you for sharing!
@alexroutmaster
9 ай бұрын
We need hmv for the long term. Customers want to control music and not get conned by online stuff
@BusinessifyYT
9 ай бұрын
Good point!
@Ni5ei
9 ай бұрын
aych, not haych
@BusinessifyYT
9 ай бұрын
Where are you from to determine the difference in accents? Thanks for the comment!
@DanAvenell
9 ай бұрын
@@BusinessifyYT It's not an accent issue.
@capitalb5889
9 ай бұрын
It may not be an accent as such, and wasn’t one you would have heard 40 years ago from anyone, it is now very common across the UK, particularly among the working class and lower middle class. I think a majority of people under 40 now use this newer pronunciation.
@anthonycraig1458
9 ай бұрын
Yes I agree, what is this "haych" MV?
@dlarge6502
9 ай бұрын
@@DanAvenellit is an accent issue. I live in Bedfordshire and have never heard anyone drop the H in H lol!! We don't talk that way down south. We also say grass not grass. That is to say we say "grahss" not gra-ss Do people from Hampshire say they live in "ampshire"? How many people to go "emmel empstead"?
@indigohammer5732
9 ай бұрын
It’s a toy shop that sells music
@BusinessifyYT
9 ай бұрын
Is that the case in your country? Do tell more!
@Mariazellerbahn
9 ай бұрын
I still buy CD's, vinyl and also DVD's, Blu-Ray. I NEVER buy downloads because they are WORTHLESS. I can always get money back on my hard copies if I decide to sell. Try selling a download.
@BusinessifyYT
9 ай бұрын
Thanks for sharing!
@harrynoke6458
9 ай бұрын
My band did a gig for hmv Winchester, they put us in the middle of the shopping centre and we played to some college students sat in a soft play area - we were facing a primark. The CDs we gave them to sell were faulty, we used the wrong file type so none of our songs actually worked, only the sound of me knocking down a wall with a cango hammer and 2 of our bassist’s GarageBand demos
@BusinessifyYT
9 ай бұрын
Haha oh no!!! That’s awful. Didn’t realise Winchester had an active HMV scene - I live not too far so will take a visit!
@londonpirates
9 ай бұрын
Nice video. I can see why people are being drawn back to vinyl. Firstly it’s a human instinct to want to collect things and although the move to digital has added great convenience it also starved that passion people have to collect music. I used to spend much of my time listening to dance music in specialist independent shops and would sift through hundreds of records or ask the owner to play some of the new releases from the wall behind. Then there were the hot releases which when played in the shop through booming loudspeakers would get people buzzing and raising their hands to buy it before they missed out on the last copy. This was a social activity and each purchase connected you to the piece of music with a fun memory. Secondly, if you are only going to have one music media survive it makes sense for it to be vinyl. The large 12” sleeve provides plenty of real estate for great artwork which CD cannot match. The tactile act of dropping a needle into the record groove and hearing the sound can’t be matched by MP3 or CD mediums. The final factor is to do with scarcity and value and this ties back to the first point about collecting. A CD can be produced in the home on a low cost drive, an MP3 can be replicated perfectly and shared with millions (perhaps not legally) so these mediums simply cannot hold value in the same way vinyl can.
@888bangthory
9 ай бұрын
My local hmv in bath is a shadow of its former self , relocated to a smaller unit that’s easy to miss and half the store is filled with T-shirts , premium action figures and funky pops , but I’m grateful it’s still going and always make sure to support it whenever passing through, but they NEED to fix the poor quality control of they’re tagging system , expensive boxsets and Blu-ray and 4k Blu-ray with slip cases completely ruined and damaged with tightly secured wired security tags , I either embarrass myself by asking if they have spare undamaged copies out the back not tagged or avoid completely and buy off Amazon and even Amazon have been hit and miss recently due to reduced packaging
@BusinessifyYT
9 ай бұрын
Yep packages seem to get thrown about like a basketball sometimes!
@ChaseExcellenceNow
9 ай бұрын
I was always curious about the demise of HMV and you’ve explained it perfectly in this video! It’s obvious you’ve done your research and the video itself is well put together. Looking forward to the next one
@BusinessifyYT
9 ай бұрын
Thanks for the positive feedback!
@bonzodog6872
9 ай бұрын
HMV pulled out of Ireland a decade ago and left a stink worse than the River Liffey at low tide when they wouldn't honour Christmas vouchers. I see they are back now in Dublin selling vinyl,cds and funko pop like junk but no movies on disc.Only a matter of time before they kiss off again nobody will cry this time
@BusinessifyYT
9 ай бұрын
Interesting - Ireland is a big market for HMV. Thanks for watching :)
@Copat87
9 ай бұрын
In Canada, HMV shutdown years ago, but I was in ToysRus this week and I was shocked to see that they now have HMV inside the ToysRus stores. It's so strange to see! The video game departments are all gone now and they have been replaced by a HMV section where they have movies, CDs, vinyls, manga and t-shirts. A very strange move in 2023 as ToysRus also seems like they will be gone soon too.
@BusinessifyYT
9 ай бұрын
Were they busy? Really interesting outlook - thanks for sharing your experience on our first video!
@dlarge6502
9 ай бұрын
Wow, toys r us still exists in Canada. It's funny how you still have toys r us and we still have HMV 😅
@myles7522
9 ай бұрын
Toys R Us is just another named store that closed down years ago in the U.K.
@andrewgrave
9 ай бұрын
@@myles7522 Toys'R'Us now has a tie up in the UK with WH Smith and can be found in about 10 branches. I believe Toys'R'Us Canada is owned by the family who own Sunrise Records and HMV.
@myles7522
9 ай бұрын
@@andrewgrave thanks for the info and Happy Christmas 👍
@robbie4406
9 ай бұрын
The reason for the resurgence is complex. After Covid a lot of older people decided to retire and with the extra time and money went back to their younger days when they could buy vinyls and listen to music. As with a lot of hobbies and pastimes the older generation has extra money in their pockets so are more willing to spend it on things of their youth.
@BusinessifyYT
9 ай бұрын
Wow -never thought of this! Thanks for sharing on our first video!
@devandraefes5837
9 ай бұрын
Physical media every time. You own it. By streaming you are only ever renting the media, it is never yours. There you can not sell it. Physical media is an investment and it is not reliant on the internet.
@BusinessifyYT
9 ай бұрын
Good point!
@loftlegacy
9 ай бұрын
I’ve recently shopped at the new HMV Oxford Street in London and their Liverpool stores. Both had a great level of stock and expertly curated film collections. Staff are always really friendly, knowledgeable and helpful which makes a really good shopping experience. In my recent shopping trips I’ve got prices cheaper than Amazon and had items in stock that the online behemoth didn’t have. I really wouldn’t want them to vanish from high streets again. As for the future, vinyl isn’t a fad but movie sales have seen the biggest shift to quite a hardcore group of collectors wanting niche and 4K releases. These are being manufactured in small quantities so whilst selling less, they are selling all the stock. HMV is a great channel for these steady sales for the next decade.
@maccagrabme
9 ай бұрын
Is it like the original superstore in Oxford Street or a smaller outlet?
@BusinessifyYT
9 ай бұрын
Thanks for sharing!
@simonfernandes6809
9 ай бұрын
The Oxford Street store is at the original 363 Oxford Street Location. It's big but not as big as the old Super store that used to be opposite Marks and Spencers.@@maccagrabme
@loftlegacy
9 ай бұрын
@@maccagrabme it’s the original store and 3 floors of fun.
@angermanagementstudios
9 ай бұрын
I still buy physical vinyl and media. But seriously, let’s not pretend HMV were anything other than utter bastards in the old days. They put countless small and independent record stores out of business.
@BusinessifyYT
9 ай бұрын
Definitely overlooked this point in my vid I have to say!
@heatrayzvideo3007
9 ай бұрын
They're still open they just sell toys and novelties and a few records
@invisiblekid99
9 ай бұрын
I have two near me still selling everythig they used to
@BusinessifyYT
9 ай бұрын
Thanks for sharing on our first video!
@josephwoznica8503
9 ай бұрын
I don't agree with the people that say vinyl is the best in terms of sound quality, because it just isn't. Even if you spend 1000's on the best turntable money can buy it won't sound as good as lossless streaming. However I think people miss what vinyl is about when they start talking about sound quality because that's not what it's for, it's about the experience. Holding a record in your hands knowing that it has millions of tiny little grooves in it that somehow a tiny little needle can run across and just produce sound is something that never gets old to me. I can understand streaming and how it's just a bunch of 1's and 0's interpreted by your computers soundcard to produce an anologue signal to send to your headphones. Whereas vinyl is just witchcraft to me. That's what makes it cool. It feels special when you decide to bring out your favourite album and not only hear it but SEE it playing. In a digital world I think that's why vinyl made it's comeback, you don't get an 'experience' from spotify
@BusinessifyYT
9 ай бұрын
Really good points Joseph! I think also people like the nostalgic sound that Vinyl provides, the imperfections of the quality is maybe actually why people like it - similar to how people will still today take photos with disposable cameras. Although I’ll stick to my DT 990s personally! Interesting take - thanks for sharing!
@classicrock7890
9 ай бұрын
Both of you obviously have never heard vinyl playback on a really good set up. It does sound better than streaming and while nostalgia or coolness has played a part in the revival there was always a solid base of enthusiasts who retained vinyl for superior sound in terms of it's musicality. Otherwise there would have been no base for vinyl to take of again. What I don't get is the HMV success as their prices tend to be the highest in their stores and they always seem to be empty of customers when I have gone in them. Frankly I buy from independents for specialist audiophile vinyl and Amazon for regular releases.
@GardenOfEdenYT
9 ай бұрын
It’s about the vibe of vinyl. Also vinyl is mixed differently and cut differently so they can have a different sound to them.
@user-mw4ct2zu6e
9 ай бұрын
@@classicrock7890 I had a CD of this popular band and was not overly happy yes no tiny cracks and pops put the old Viniyl on so much better like 2d to 3d I always thought vinyl was normally much better lost in digital format.
@Elmantukas
9 ай бұрын
Absolutely, I listen to vinyl not couse of the quality, but of how they sounds, I can only describe it as warm sounding. Also to own your music physically, is a nice feeling. Great points.
@marksargent2440
9 ай бұрын
I remember woolworths selling records. virgin records. Our price records .and haveing growing up walking down the lanes in Brighton popping into the odd shop that sold different types of music .I still like the hard physical copy but I see why people liked the digital format as well. Music's changed a lot since I was a young lad as well
@BusinessifyYT
9 ай бұрын
Woolworths was amazing! Maybe I should make a video on their story.
@geezerbutler4582
9 ай бұрын
Rounder Records? Jelly Jam?
@jonathanlake6053
9 ай бұрын
@@BusinessifyYT Not just Woolworths, but WH Smith, Boots The Chemist, plus all the other major department stores in large towns & cities,as well as every town had an independent record shop. HMV can only but dream about what happened to all those customers.
@theicebolt4361
9 ай бұрын
how do you hand over your music collection when you bite the bullet - what is left to flick through, and rediscover, what your parents cherished, . . ... just buy it again, . . . . sad
@BusinessifyYT
9 ай бұрын
Good point!
@pujapete3665
9 ай бұрын
cd,s at bootsales as low as 20p having a field day
@BusinessifyYT
9 ай бұрын
Another man’s unused vinyl is another man’s treasure!
@DaveLennonCopeland
9 ай бұрын
We got HMV back after it closed in 2019.
@BusinessifyYT
9 ай бұрын
That's nice to hear, they definitely are trying to push to get more locations still today.
@DadgeCity
9 ай бұрын
Aitch
@BusinessifyYT
9 ай бұрын
Accent difference, apologies!
@radioclash84
9 ай бұрын
A lot of these companies should have dipped when the internet came around. I feel like as a business you have to fierce and reluctant but you cannot be living in your echo chamber.
@BusinessifyYT
9 ай бұрын
Thanks for sharing on our first video!
@NcboreasVapes
9 ай бұрын
I was born in the 70s and its great that vinyl has made a comeback. There's just no replacing it as physical media and as my Bro is often telling me, sounds much better than digital. Well done HMV! You're back where you belong.
@Pinerocks
9 ай бұрын
Please pronounce ’H’ correctly!! 😲
@BusinessifyYT
9 ай бұрын
It's a debate that seems to have a lot of history - I can only blame growing up hearing my family and friends' tongue - but I'd never even known about the "H" debate if I'm honest!
@leeclark5965
9 ай бұрын
I will admit I do use digital to buy my movies and music but at the same time I really do hope hmv do survive because it takes me back to being a kid as a 80s kid going in there and spending my pocket money on cassette tapes like Michael Jackson bad album and others before my parents got me a hi-fi with cd compartment even today just coming back into HMV and just seen CDs. I picked up as a child just takes me back now and why hmv needs to keep going
@BusinessifyYT
9 ай бұрын
Fair enough Lee!
@syknyk101
9 ай бұрын
Having worked for the company/s since 2005 I agree with a lot of what you've raised here... hmv did attempt a digital music store, it also tried to tie it into a social network of sorts but it was perhaps too niche. Personally I feel like Netflix and video streaming has had a tougher impact, music has a try before you buy element, if you watch a film you might not want to watch it again for a while. The mix of what the store offers has changed massively and is where the company is turning the corner, if it solely sold music and films that wouldn't be the case. I've also worked for MVC and back then (early 00s) HMV were seen as the big evil juggernaut, amazing what can happen in 20 years!
@garyhills2336
9 ай бұрын
HMV deserves to survive & it's great to see it recover, Vinyl is not just a passing moment, it means so much more! I have Spotify, I love using it on my phone when out, I use it on Alexa, but as much as I love having so much access & choice, it is a physical copy of a record that I cherish & keep! There is just no sound better than vinyl, it is miles above all digital formats as it is a far warmer sound! That's not to say you cannot have quality digital sound as Alexia combined with fine all-around sound speakers proves you can! Yet it's a good record system that delivers the best actual sound. I spent £1400 on a Record System, Amp and speakers, it's more expensive than anything else I own in my house, yet I see it as the best money I ever spent. Digital tracks while being the same as the titles and the artist you get on an LP, are still those you can not hold and thus you do not feel you own them. So, regardless if you pay for Spotify Premium, which I do, it never feels like you own a collection no matter how much you can listen to those tracks. You cannot pass on a collection and you cannot sell it on either if you choose. A digital track is renting a moment of time, and even if you place some tracks on your Laptop, it still requires you to keep moving those tracks to more storage or another laptop when the first one gets too old. Yet with Vinyl, you buy it, you look after it and you store it in protective sleeves. When you play it you hear every aspect of what the music artist intended, every instrument, which is something digital music seldom does because it is depressed for storage and that means less quality. HMV has been saved because of Vinyl and it's great that it has, we have lost too much of our musical heritage when it comes to retail, Tower Records, and Our Price for instance! CDs were never the replacement for Vinyl, they were just a different format that was easier to store and streaming is the same concept! Well, done to the new owners of HMV, I welcome their input and in saving a brand that we need to exist and one that keeps records accessible. Now, we just need something like Top of the Pops to return to, so the interest in the charts will regain which will help more existing & new artists be able to afford to perform great music.
@Motorhawk2
9 ай бұрын
We didn't all stop purchasing vinyl, cassettes or cd's. I still buy audio on those three formats and I will buy from any store that has what I like.
@richard127gm
9 ай бұрын
HMV, by 2000, was the only place in Peterborough, you could buy Vinyl records. Gutted when it was gone. Now, everybody is buying Vinyl again, but it's around £30 per album. That's why people use Spotify and other streamers... It's cheap.
@BusinessifyYT
9 ай бұрын
That’s it - we pay money monthly for no ownership! Thanks for commenting on the first video!
@dlarge6502
9 ай бұрын
No I spend the £30, and avoid Spotify like the plague. I tried it once but it totally failed to do what I wanted. Uses some kind of algorithm like KZitem, which for something like Spotify I'm not after so it's basically faulty for me.
@middlesbroughmike1027
9 ай бұрын
If you love an album you need to own/listen to it on vinyl. Simple. Digital media is good for the car/kitchen/gargage, little else.
@andygordon1028
9 ай бұрын
Digital is dreadful! I can’t wait for the day that people buy digital houses and digital partners…. Pathetic
@bobdigi500
9 ай бұрын
I'm not into vinyl personally, but i am a physical media purchaser and a fan of people owning what they buy.
@indigohammer5732
9 ай бұрын
I have over 700 LP’s, none of which were bought in HMV or Amazon.
@CortinasAndClassics
9 ай бұрын
The problem with digital media is that you don't own it. It can be taken away at any time. all you are doing is renting it. I will never download music- ever. The problem I have with HMV is that LP's are too expensive. I'm not paying £35 for one album, when I was a kid LP's were £12 at most.
@BusinessifyYT
9 ай бұрын
Seems you're not alone on that one! It seems the new prices explains the new profits!
@BusinessifyYT
9 ай бұрын
What was your favourite memory of HMV? Do you still visit HMV?
@johnwalsh128
9 ай бұрын
I still visit hmv regularly. Last Friday was the last time I went there.. I've bought nearly 100 cds and about 30 lps this year alone, I prefer having the physical copy to streaming.
@dlarge6502
9 ай бұрын
I don't have memory of HMV as I go there all the time. I have memories of MVC however, and Woolworths, Debenhams, BHS. And omg, Maplin 😢
@BusinessifyYT
9 ай бұрын
@@dlarge6502 Maplins! What a throwback!
@marquonuk
9 ай бұрын
I loved HMV and went in there every lunchtime while at work, and usually bought something, mostly DVDs, blu rays, and CDs. I love and have always loved what's now called "physical media", and dislike and don't use downloads/streaming, etc, not least because having tried that method, I found I sometimes completely lost what I'd downloaded! :-( The HMV here closed a few years ago. The shop has stayed empty since, until the last year or so, where it's now going to become an NHS mental health hub! A slight change of use. If it comes back here, it'll have to find an alternative venue. Luckily, there are plenty of other available large empty shops!
@BusinessifyYT
9 ай бұрын
Thanks for sharing your thoughts and watching!
@TheBluCorner
9 ай бұрын
The importance of keeping physical media alive is way to big to let a massive chain like HMV die...
@BusinessifyYT
9 ай бұрын
Thanks for taking the time to comment! Interesting point, I don't think HMV is going anywhere any time soon it seems. It definitely holds fond memories for us all. Feel free to subscribe to our new channel if you enjoy this type of business content!
@badabing8884
9 ай бұрын
I went into their reopened Oxford Street branch in London. Just full of Tourist Tack.
@BusinessifyYT
9 ай бұрын
That’s a shame!
@ajisenramen888
9 ай бұрын
When it moved from proud CAPS to lower case……😅
@BusinessifyYT
9 ай бұрын
Thanks for taking time to comment on our first video! Yes, it was almost like they lost their confidence with the brand change 🤔😀
@Markymarkvinylnut
9 ай бұрын
Completely bonkers pricing regime, jazz records £10 £15+ more than market price, no love in vinyl imo, they need to show some passion to their audience and introduce new listeners to good quality physical media.
@BusinessifyYT
9 ай бұрын
Wow, expensive! Thanks for sharing!
@Pugwash.
9 ай бұрын
There's a massive benefit in owning a copy of an album or movie. Just look at home some services have wiped access to TV and films when distribution rights have changed hands. Oh, that film you bought on your playstation is no longer yours.
@BusinessifyYT
9 ай бұрын
Fair point!
@mjookie
9 ай бұрын
I stopped buying at physical shops like HMV and Our Price (remember them?) as I got sick to death of being sneered at by 16 year olds behind the counter when I wanted to by rock and indie rather then rap and dance. Thank god for Amazon, they don’t care what you buy as long as you buy. And I’ve never downloaded, always physical, vinyl or CD. If you stop paying on Spotify etc your record collection disappears, I stop buying and my music collection stops growing, but I’ve still got it all…
@BusinessifyYT
9 ай бұрын
This is a really interesting take, thanks for sharing. Definitely when buying in a store your music taste is on display to every stranger around you. That comes with pros and cons like you say!
@briancampbell8449
9 ай бұрын
An hour or two in an hmv is never wasted.... 🙂
@BusinessifyYT
9 ай бұрын
Fair point! Thanks for sharing on our first video!
@MetalSamantha
9 ай бұрын
In terms of of not understanding why people like me are buying vinyl? Nothing I can say will change your mind. TBH I’m fully aware it’s an emotional thing. Not a head thing.. My grandfather had a large record collection. My dad did, too. So do I Why do I like it? I find it comforting. It makes my home feel like a HOME, not just…a flat. I’m a big music fan. It’s probably my main interest. Ahead of things like tv, movies, games or books, for me I like that it gives me time away from screens. I like the big artwork. I like putting the records on and flipping them over (yes, I do have a player and I do use it). I like that fact there’s no greyed out songs. I like seeing my collection get bigger and better over time. I like having a physical document of what I’ve been listening to. I actually like have a physical wall of them - I don’t see it as a chore or a burden I even quite like the surface noise (though I do have a low end cleaning machine). Is any of that rational? Probably not, and I know that Am I going to stop? Absolutely not
@BusinessifyYT
9 ай бұрын
You know, the more I hear about the connections people get with an album through Vinyl, the more I've understood (and slightly envied!) people like yourself with a passion for it. I'm definitely a lot more open to it and am glad that the comments here have created such an interesting debate around this topic. Hopefully see you on the next video!
@borusa32
9 ай бұрын
Vinyl isn't a fad. However whether it lasts or not is unknown but hats off to HMV for coming back from the precipice. If only we could get more big stores coming back to Oxford Street and kick out the dodgy fake American candy stores.
@BusinessifyYT
9 ай бұрын
There is a lot of those american candy stores... might make a video on their rise!
@richallenxbox1976
9 ай бұрын
They're a victim of the digital age, nobody buys actual CDs or DVDs any more, because most people have an Alexa or a Google device, and most of the good movies are on Amazon Prime or Netflix.
@BusinessifyYT
9 ай бұрын
Absolutely!
@celtic-audiophile
9 ай бұрын
Quite simply vinyl is superior I’ve bought 400 this year, but none from HMV as thier pricing is ridiculous, still plenty bricks and mortar record shops who build customer relationships
@BusinessifyYT
9 ай бұрын
It seems they are quite expensive! Explains the new profits!
@stevesmith2812
9 ай бұрын
People say 'who needs DVDs anymore?' Well, whilst it's understandable their use has diminished due to streaming, if there's a favourite film or TV show you want to collect and watch whenever you like, streaming isn't reliable. Movies and series disappear from streaming platforms with little or no notice. Also certain episodes and films are absent for various reasons (often rights issues). If you want to own and watch and entire series of something, physical media is more reliable.
@BusinessifyYT
9 ай бұрын
You raise a great point Steve - thanks for watching!
@SecretOfMonkeyIsland784
9 ай бұрын
I love physical media and would hate to see it go, i am almost exclusively a physical buyer of games and avoid digital, movies and music i am not the same. With regards to records i like the artwork but the price, practicality (Recording degrade the more they are played), size and inferior sound quality to a CD would make me avoid it.
@BusinessifyYT
9 ай бұрын
I am surprised to see you really are not alone! Physical media really is in at the moment.
@YellowfinGrouper
9 ай бұрын
Streaming means you don’t own it. Whatever you are listening to could be taken down at any time. You also don’t have the pleasure of taking something out its packaging, looking at the artwork etc. personally I still love CDs. I like the convenience of not having to worry about worn needles etc and the fact that CDs can take extra content etc.
@BusinessifyYT
9 ай бұрын
Interesting point! Streaming definitely has its drawbacks. Feel free to subscribe to our new channel if you enjoy this type of business content!
@geoffwatkinson3612
9 ай бұрын
You still need physical media because with alot of the streaming services you buy the product but don't own it and they can take it away at anytime with no refund no notice maybe not with music but definitely other media
@BusinessifyYT
9 ай бұрын
Absolutely!
@davidbowie2046
9 ай бұрын
Always remember my local HMV store stopped stocking vinyl, saying there was no demand for it. How things have changed.
@BusinessifyYT
9 ай бұрын
I knew it was back in - but I've had quite a strong fanbase of Vinyl watch this video and tell me otherwise - it's interesting that it's so massively in right now!
@chrischarlescook
9 ай бұрын
I can't watch a video where the "H" is mispronounced 1000 times. Too jarring.
@BusinessifyYT
9 ай бұрын
Sorry Chris...!
@greybeardfishing1996
9 ай бұрын
Unfortunatly HMV have not learned their lesson from last time, vastly overpriced on all items and their Sale prices are ridiculas.
@BusinessifyYT
9 ай бұрын
Hmm, seems that you’re not the only one outraged at their pricing model.
@LydiaKuster-t4z
3 күн бұрын
Sanford Cove
@swansong007
9 ай бұрын
It’s not Haytch MV. It’s a silent H. No wonder they are going broke when even brits can’t say their name correctly.
@BusinessifyYT
9 ай бұрын
It’s a divide of how to pronounce here also in UK after some research!
@paulcollins5586
9 ай бұрын
New vinyl will be gone in ten years because they are running out of oil to make them thats why you have to wait long processing times. The price will go up and up.
@BusinessifyYT
9 ай бұрын
That's a really interesting point! Thanks for sharing.
@delvo76
9 ай бұрын
Never liked HMV. The service, selection, price range and general experience was so much better at Our Price
@BusinessifyYT
9 ай бұрын
Fair comment!
@jon-paulfilkins7820
8 ай бұрын
Physical copies, you won't lose access to the content when lawyers can't agree licensing rights. I was working on an outsourced Microsoft helpdesk when the OD2 DRM was shut down. We got calls even though it was spun off to Nokia. Enough people lost the music they had paid for that I am forever cautious of DRM protected downloads/streaming. I don't get the Vinyl revival. We switched to CD in the late 80's/early 90s because the affordable record decks a teen/early 20's consumer of music were rubbish and would chew up your records. And they made those crossley "portable" record decks look good. Add in the fact that most vinyl in that era was rubbish (thin, too much content squeezed on causing a drop in sound quality etc). Even lower end of the mid range CD set ups just in our price range gave better sound and a generally more satisfying experience. Is there better quality sound than CD? Technically yes. But compared to a reasonable quality Micro/Mini system I can't hear the difference.
@jay8656
9 ай бұрын
HMV. 😂 what happened. I remember Are price, planet music, MVC. 😂
@BusinessifyYT
9 ай бұрын
Haha - bit before my time! Thanks for watching!
@chrisclarke7828
9 ай бұрын
I heard the dog fell down the horn and they closed. HAYCH...........
@BusinessifyYT
9 ай бұрын
Hhhhhaych!
@samhailess
9 ай бұрын
Used to work there. I couldn't believe how it was still running. Glad it is tho.
@BusinessifyYT
9 ай бұрын
Yes it is nice to see it still going strong.
@supahsonik
9 ай бұрын
Great insightful video, nice work! I believe both digital and records can coexist in today’s world. For me though,nothing beats going to a record store and go through all the available catalogues. Picking one up, playing it at home from start to end. Something about picking a up physical copy, can’t beat that.
@BusinessifyYT
9 ай бұрын
Thanks for the really kind comment! It's our first video so appreciate you sharing your thoughts!
@Jonnymechanic2
9 ай бұрын
Hard to listen to anything this bloke says when he can't pronounce the letter 'H' properly.
@BusinessifyYT
9 ай бұрын
Sorry Jonny!
@jogarthehutt
9 ай бұрын
I remember the last thing I got in hmv, Mel Brooks, blazing saddles
@BusinessifyYT
9 ай бұрын
Thanks for watching!
@blueskies666
9 ай бұрын
HMV disappears then came back it’s a much better shop now and physical media is on the rise
@BusinessifyYT
9 ай бұрын
It definitely is!
@lencolgan987
9 ай бұрын
Don't like having to ask for a paper receipt and pay for a bag❤ !
@johnnyelliott7684
9 ай бұрын
My local HMV does not stock live music dvds shame really as there is loads i want 2 buy
@BusinessifyYT
9 ай бұрын
That is a shame!
@clairewardle9909
9 ай бұрын
I always remember as a kid rushing in to get the latest now that’s what I call music cd and fighting with my sister to play our favourite tracks in the car 😂😂
@BusinessifyYT
9 ай бұрын
HMV was the home of the NOW CDs! Thanks for the comment!
@djevo5662
9 ай бұрын
There is always a Resurgence on vinyl. It's because a bit of a joke now. I remember 20 years ago they called it a resurgence. The number of stores is a little miss leading. Most of the stores outside the major city's in the UK have downsized massively. They mostly sell memorabilia, cups and posters
@BusinessifyYT
9 ай бұрын
Thanks for sharing on our first video! I have to agree - a record store never sells just vinyl these days!
@davidbeeson9408
9 ай бұрын
His Masters Voice
@Phoenix2312
9 ай бұрын
Vinyl is not a fad that's for sure, in fact I feel we will see a return of Cassettes and CD's ... I dont believe they will be as Massive as they once were but they are not going away... As for why? The Industry!!! Digital Media as proven most recently by Sony is NOT YOURS... At any moment you can have everything you purchased taken away... Physical Media is YOURS no matter what! So those who value their Music etc... They are turning back to physical media! I still rely on MP3 and Digital as many albums I want are delisted... I cannot obtain them now without paying extortionate amounts on the secondary market... Bear in mind I spent 13 years collecting and had some VERY RARE albums - Including a Pink Floyd "The Wall" First Pressing Gatefold Sleeve... Until I was burgled ... So, Yeah - I still love Digital Media, but I want the Music I most love on Physical Media as that way its always there! HMV have got very lucky, I am glad they have managed to maintain themselves... What does the future hold? That's a good question... As I dont think Digital Media was teh only thing that hurt HMV, They got too big for their own bots, over confident! Maybe that Fall was needed to make them re=evaluate... After all, No one is ever too big to fail!
@BusinessifyYT
9 ай бұрын
Thanks for your interesting points! You raise a good argument!
@Phoenix2312
9 ай бұрын
@@BusinessifyYT Digital is connivant... Saves Space, Better Quality... Ironically that better quality is not always a good thing! Have a listen to Gun N' Roses Use your Illusion II - Estranged... You will see what I mean! The way it is recorded, at certain points of the song, The tones are supposed to blend through Mono Channels... But tis dopes not work on Digital -So It cuts from Left Mono Speaker to Full stereo instead of blending! (Holy crap! Am I turning into an Audiophile?)... So I will never dismiss Digital... It just that we have to be very wary of Corporations.. If they can Nickle and Dine us, They are bloody well going to!
@anfieldlegend
9 ай бұрын
i have about 4000 cds, sub to spotify and have a budding vinyl collection of about 150 albums. whilst we do not have HMV where i live, our equivalent, for physical media purchases is JB HIFI, and i spend an arm and a leg. when i am back in the UK, i will sure head into HMV for vinyl.
@BusinessifyYT
9 ай бұрын
Thanks for sharing! Quite an impressive collection! I hope to hear your thoughts on the next thing I explore briefly on the channel. All the best!
@anfieldlegend
9 ай бұрын
look forward to seeing what comes next@@BusinessifyYT
@6643bear
9 ай бұрын
Great and informative video, I stream on apple and Amazon music, but I do have decent record player which plays nice quality audio and compares with my cd player , records are more tactile making sure stylus records are clean etc , but records are expensive compared cds , but I buy the odd record . Regards mark
@BusinessifyYT
9 ай бұрын
Thanks for sharing!
@BitsOfBen
9 ай бұрын
HMV has also just re-opened in Dublin too!
@BusinessifyYT
9 ай бұрын
Yes, I saw another comment mentioning this - good to see its attempting its return there also!
@paulgardner-uy6fh
9 ай бұрын
I have CDs and I will keep collecting them
@BusinessifyYT
9 ай бұрын
Glad to hear it!
@davidmckee2898
9 ай бұрын
I don't understand how HMV can make money with all the streaming there is out there. I myself collect movies Blu-rays 4ks and I am really glad that HMV is still alive and kicking. We will never know how long hmv's got but I'm still glad it's here
@dlarge6502
9 ай бұрын
It's becoming clear that the movie industry is scared about streaming because they barely make anything from it. If physical dies, so does cinema.
@BusinessifyYT
9 ай бұрын
Seems to be going strong - thanks for sharing on our first video!
@sidensvans67
9 ай бұрын
HMV Northumberland Street . Newcastle . The Best music store I have ever been in .
@BusinessifyYT
9 ай бұрын
Thanks for taking the time to comment! It definitely holds fond memories for us all. Feel free to subscribe to our new channel if you enjoy this type of business content!
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