HMV liquidation sale now unlikely … blame Hong Kong’s rents
  • Creditors decide to sell to the highest bidder instead of holding a liquidation sale because the cost of renting a venue would eat into the profits
  • Tender to be held in June to find a single buyer to take the whole stockpile of 100,000 CDs, DVDs, Blu-Rays, after HMV closed shop in Hong Kong
31 May 2019 - 10:23PM