A general view of HMV in Style House, The Park Lane, Causeway Bay. Music and DVD retailer HMV called in administrators after a last-ditch attempt to secure funding failed, putting more than 4,000 jobs at risk. The 239 stores in the UK and the Republic of Ireland will be kept open for the time being while they look for a buyer. Photo: Nora Tam

HMV shares slump by another 25 per cent on Wednesday as landlords sue for more than HK$5 million in overdue rent

  • Bid to find white knight seen as challenging; company says retail business ‘stuck in time’ and is considering liquidating or selling retail unit after landlords file lawsuits for unpaid rent
Topic |   Music

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A general view of HMV in Style House, The Park Lane, Causeway Bay. Music and DVD retailer HMV called in administrators after a last-ditch attempt to secure funding failed, putting more than 4,000 jobs at risk. The 239 stores in the UK and the Republic of Ireland will be kept open for the time being while they look for a buyer. Photo: Nora Tam
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