Economy of the United Kingdom

  1. U.K. Retailer Music Zone Enters Administration

    January 03, 2007 12:00 AM EST British music and entertainment merchant Music Zone has entered into administration after succumbing to a "challenging" retail climate. Bill Dawson, partner at accountancy giant Deloitte, has been appointed administrator for the High Str ...

  2. See Tickets Buys Intascape

    January 02, 2007 12:00 AM EST British ticketing firm See Tickets is ramping up its interests in the sports community through the acquisition of Intascape Ltd, a firm which has close dealings with a variety of professional English soccer clubs. In a statement, See says the deal ...

  3. Christmas Presents Trading Problems For HMV

    December 20, 2006 12:00 AM EST HMV Group plc today (Dec. 20) warned that a deteriorating British CD and DVD market would affect the retail chain's bottom line. In a trading update issued to the London Stock Exchange, the market-leading U.K. music and entertainment merchant ...

  4. HMV U.K. Sees Improved Sales

    September 28, 2006 12:00 AM EDT The company reports a 9.5% growth. A buoyant HMV Group, the U.K. music, books and entertainment retail giant, reported a 9.5% growth in total sales for the 12 weeks ending Sept. 23, compared with the same period in 2005. The improvement in overall ...

  5. HMV U.K. Sees Improved Sales Despite Difficult Market

    September 28, 2006 12:00 AM EDT The company reports a 9.5% growth. A buoyant HMV Group, the U.K. music, books and entertainment retail giant, reported a 9.5% growth in total sales for the 12 weeks ending Sept. 23, compared with the same period in 2005. The improvement in overall ...

  6. ASCAP Earmarks $2.6m For Songwriters

    September 18, 2006 12:00 AM EDT Payments to be made in January. Payments to be made in January. News ...

  7. U.K.'s Woolworths Buys THE

    September 06, 2006 12:00 AM EDT British entertainment and retail giant Woolworths Group has acquired AMP Enterprises Ltd, the holding company of Total Home Entertainment Distribution Ltd (THE), for £20 million ($37 million). Wo British entertainment and retail giant Woo ...

  8. U.K.'s Woolworths Buys THE

    September 06, 2006 12:00 AM EDT £20M deal strengthens entertainment wholesale biz. British entertainment and retail giant Woolworths Group has acquired AMP Enterprises Ltd, the holding company of Total Home Entertainment Distribution Ltd (THE), for £20 million ($37 mill ...

  9. HMV Appoints Fox As CEO

    July 18, 2006 12:00 AM EDT Market-leading music and entertainment retailer HMV Group plc today (July 18) named Simon Fox as its incoming chief executive. Market-leading music and entertainment retailer HMV Group plc today (July 18) named Simon Fox as its incoming chief exec ...

  10. HMV Appoints Fox As CEO

    July 18, 2006 12:00 AM EDT Incoming exec succeeds Giles. Market-leading music and entertainment retailer HMV Group plc today (July 18) named Simon Fox as its incoming chief executive. Fox will officially join the chain on Sept. 4 as group chief executive-designate. At the c ...

  11. HMV's Profits Slump

    July 06, 2006 12:00 AM EDT Music and book retailer HMV Group plc on Thursday (July 6) reported a sharp drop in profit in a fiercely competitive environment. After-tax profit in the year ending April 29 was £56.2 million ($ Music and book retailer HMV Group plc on T ...

  12. HMV's Profits Slump

    July 06, 2006 12:00 AM EDT Retailing conditions worsening. Music and book retailer HMV Group plc on Thursday (July 6) reported a sharp drop in profit in a fiercely competitive environment. After-tax profit in the year ending April 29 was £56.2 million ($103.5 million), down ...

  13. Beggars Japan Kicks Off

    July 05, 2006 12:00 AM EDT Warner Music International and Beggars Group U.K. today (July 5) launched the Beggars Japan label. Warner Music International and Beggars Group U.K. today (July 5) launched the Beggars Japan label. Under an exclusive agreement with WMI, repertoire ...

  14. Vodafone Extends Brand To Music Awards Gala

    June 28, 2006 12:00 AM EDT The U.K. operation of Vodafone, Europe's biggest wireless-phone operator, is boosting its brand's presence in the music industry with the launch of the Vodafone Live! Music Awards on Oct. 11. The U.K. operation of Vodafone, Europe's ...

  15. Vodafone Extends Brand To Music Awards Gala

    June 28, 2006 12:00 AM EDT The U.K. operation of Vodafone, Europe's biggest wireless-phone operator, is boosting its brand's presence in the music industry with the launch of the Vodafone Live! Music Awards on Oct. 11. The U.K. operation of Vodafone, Europe's ...

  16. France's VirginMega Loses 'Madonna' Court Battle

    June 27, 2006 12:00 AM EDT The commercial court of Paris has ruled against French online retailer VirginMega for selling downloads of Madonna's "Hung Up" last fall, despite not having the license from Warner Music France. The commercial court of Paris has rul ...

  17. HMV Revamps Music Team

    June 07, 2006 12:00 AM EDT Market leading music and entertainment retail merchant HMV U.K. & Ireland has restructured its music department. Market leading music and entertainment retail merchant HMV U.K. & Ireland has restructured its music department. In the ne ...

  18. HMV To Buy Bookseller Ottakar's For $118M

    May 31, 2006 12:00 AM EDT Powerhouse British music and entertainment retailer HMV has agreed to buy bookseller Ottakar's for a cut-price £62.8 million ($118 million). Powerhouse British music and entertainment retailer HMV has agreed to buy bookseller Ottakar ...

  19. HMV To Buy Bookseller Ottakar's For $118M

    May 31, 2006 12:00 AM EDT Powerhouse British music and entertainment retailer HMV has agreed to buy bookseller Ottakar's for a cut-price £62.8 million ($118 million). Powerhouse British music and entertainment retailer HMV has agreed to buy bookseller Ottakar ...

  20. Ottakar's Rebuffs HMV Approach

    May 16, 2006 12:00 AM EDT HMV Group's most recent offer for book seller Ottakar's has been rejected. In a statement issued today (May 16) to the London Stock Exchange, Ottakar's claimed that HMV's renewed cash offer was at a p HMV Group's most rece ...

  21. Ottakar's Rebuffs HMV Approach

    May 16, 2006 12:00 AM EDT HMV Group's most recent offer for book seller Ottakar's has been rejected. In a statement issued today (May 16) to the London Stock Exchange, Ottakar's claimed that HMV's renewed cash offer was at a p HMV Group's most rece ...

  22. Watchdog OKs HMV Bid For Ottakar's

    May 12, 2006 12:00 AM EDT Britain's competition watchdog confirmed on Friday (May 12) it had given the green light for HMV Group to make a fresh bid for bookstore chain Ottakar's. Britain's competition watchdog has given the green light for HMV Group to make ...

  23. Watchdog OKs HMV Bid For Ottakar's

    May 12, 2006 12:00 AM EDT Britain's competition watchdog has given the green light for HMV Group to make a fresh bid for bookstore chain Ottakar's. In a statement issued today (May 12), the Competition Commission said the merg Britain's competition watchdog ...

  24. Retail Track

    May 10, 2006 12:00 AM EDT With three Virgin Megastores closing and the impending departure of the chain's highly visible chief marketing officer, Dave Alder, U.S. distributors are pondering whether Virgin Entertainment Group N With three Virgin Megastores closing and ...

  25. Retail Track

    May 10, 2006 12:00 AM EDT With three Virgin Megastores closing and the impending departure of the chain's highly visible chief marketing officer, Dave Alder, U.S. distributors are pondering whether Virgin Entertainment Group N With three Virgin Megastores closing and ...

  26. Retail Track

    May 10, 2006 12:00 AM EDT With three Virgin Megastores closing and the impending departure of the chain's highly visible chief marketing officer, Dave Alder, U.S. distributors are pondering whether Virgin Entertainment Group N With three Virgin Megastores closing and ...

  27. HMV Warns Of Tough Times Ahead

    May 09, 2006 12:00 AM EDT HMV Group plc is predicting a slump in profits of up to £36 million ($67 million) for the year ended April 29, 2006. The music retail giant issued a pre-close statement today (May 9), ahead of th HMV Group plc is predicting a slump in pro ...

  28. HMV Warns Of Tough Times Ahead

    May 09, 2006 12:00 AM EDT Analysts say figures 'worse than expected.' HMV Group plc is predicting a slump in profits of up to £36 million ($67 million) for the year ended April 29, 2006. The music retail giant issued a pre-close statement today (May 9), ahead of ...

  29. Waterstone Drops Bid For HMV Book Store

    May 02, 2006 12:00 AM EDT Path cleared for HMV takeover of Ottakar's. Path cleared for HMV takeover of Ottakar's. News ...

  30. Waterstone Drops Bid For HMV Book Stores

    May 02, 2006 12:00 AM EDT Tim Waterstone has withdrawn from his latest attempt to buy back his namesake bookseller chain from HMV Group plc. In a statement posted on the London Stock Exchange Web site today (May 2), Waterstone Tim Waterstone has withdrawn from his latest a ...

  31. Waterstone Drops Bid For HMV Book Stores

    May 02, 2006 12:00 AM EDT Path cleared for HMV takeover of Ottakar’s. Tim Waterstone has withdrawn from his latest attempt to buy back his namesake bookseller chain from HMV Group plc. In a statement posted on the London Stock Exchange Web site today (May 2), Waterstone cl ...

  32. HMV Awaits Details Of Waterstone's Bid

    April 25, 2006 12:00 AM EDT HMV Group has reacted coolly to a proposal to buy its U.K. bookseller chain Waterstone's. Waterstone issued a statement to the London Stock Exchange which said that an "indicative offer for Waterstone HMV Group has reacted coolly to a pr ...

  33. HMV Awaits Details Of Waterstone's Bid

    April 25, 2006 12:00 AM EDT HMV Group has reacted coolly to a proposal to buy its U.K. bookseller chain Waterstone's. Waterstone issued a statement to the London Stock Exchange which said that an "indicative offer for Waterstone HMV Group has reacted coolly to a pr ...

  34. Polydor U.K. Chief Joseph Promoted

    April 25, 2006 12:00 AM EDT Universal Music Group International chairman/CEO Lucian Grainge has expanded the remit of Polydor U.K. co-president David Joseph. Universal Music Group International chairman/CEO Lucian Grainge has expanded the remit of Polydor U.K. co-president D ...

  35. OD2 Appoints Davis To Drive Mobile Market

    April 11, 2006 12:00 AM EDT Full track mobile downloads a 2006 'priority.' Loudeye-owned digital music service provider OD2 has named Pete Davis as sales manager for its European mobile division. Reporting to Ed Averdieck, managing director for Loudeye Europe, Davi ...

  36. U.K. Regulator OKs HMV's Bookseller Bid

    March 30, 2006 12:00 AM EST Britain's competition regulator has given a provisional green light to a potential bid by HMV Group for U.K. bookseller Ottakar's. Britain's competition regulator has given a provisional green light to a potential bid by HMV Group f ...

  37. U.K. Regulator OKs HMV's Bookseller Bid

    March 30, 2006 12:00 AM EST Britain's competition regulator has given a provisional green light to a potential bid by HMV Group for U.K. bookseller Ottakar's. Britain's competition regulator has given a provisional green light to a potential bid by HMV Group f ...

  38. Brit Indies Set For Mission To India

    March 20, 2006 12:00 AM EST A delegation of independent British music firms will embark later this week on a trade mission to India, the world's second most populous country and the 23rd largest music market in value. A delegation of independent British music firms will ...

  39. Handleman Completes Tesco CD, DVD Supply Contract

    March 17, 2006 12:00 AM EST Britain's market-leading mass-merchant retail chain Tesco is to take the distribution of its music and video product ranges in-house through a new arrangement with Handleman Company. Britain's market-leading mass-merchant retail chain Te ...

  40. Handleman Completes Tesco CD, DVD Supply Contract

    March 17, 2006 12:00 AM EST Deal starts April 2007, covers 700-plus stores. Britain's market-leading mass-merchant retail chain Tesco is to take the distribution of its music and video product ranges in-house through a new arrangement with Handleman Company. Under the d ...

  41. Sources: Permira Raises HMV Offer

    March 03, 2006 12:00 AM EST Private equity firm Permira has raised its proposed takeover offer for music store chain HMV Group to just over £2 ($3.49) a share, a source familiar with the situation said on Friday (March 3). Private equity firm Permira has raised its ...

  42. Sources: Permira Raises HMV Offer

    March 03, 2006 12:00 AM EST Revised bid values retailer at $1.4BN. Private equity firm Permira has raised its proposed takeover offer for music store chain HMV Group to just over £2 ($3.49) a share, a source familiar with the situation said on Friday (March 3). The revised o ...

  43. Brits Set Sights On U.S. Market

    March 02, 2006 12:00 AM EST British trade minister Ian Pearson today (March 2) unveiled a series of joint government and industry initiatives intended to help rebuild the profile of U.K. music in America. British trade minister Ian Pearson today (March 2) unveiled a series o ...

  44. Former HMV Exec Roche Joins Borders U.K.

    February 28, 2006 12:00 AM EST British entertainment retail veteran David Roche has been appointed CEO of Borders U.K., with effect from March 1. British entertainment retail veteran David Roche has been appointed CEO of Borders U.K., with effect from March 1. After 12 years� ...

  45. Former HMV Exec Roche Joins Borders U.K.

    February 28, 2006 12:00 AM EST Retail vet exited Waterstone's in 2005. British entertainment retail veteran David Roche has been appointed CEO of Borders U.K., with effect from March 1. After 12 years' service as product director with retailer HMV, Roche took a simila ...

  46. U.K. Indies Embark On Mission Down Under

    February 06, 2006 12:00 AM EST A delegation of independent British music firms will embark this week on an inaugural trade mission to Australia. The initiative will involve nine U.K. music companies visiting Sydney and Melbourne fo A delegation of independent British music firm ...

  47. HMV Confirms Takeover Approach

    January 30, 2006 12:00 AM EST British music retail giant HMV Group today (Jan. 30) said it had been approached regarding a takeover. In a brief statement issued this morning to the London Stock Exchange, HMV confirmed an approach British music retail giant HMV Group today (Jan ...

  48. HMV Confirms Takeover Approach

    January 30, 2006 12:00 AM EST Report: Permira to pounce with $1.4bn bid. British music retail giant HMV Group today (Jan. 30) said it had been approached regarding a takeover. In a brief statement issued this morning to the London Stock Exchange, HMV confirmed an approach had ...

  49. Universal Launches Apollo In Europe

    January 23, 2006 12:00 AM EST Venture will target one-off tracks. Universal Music today (Jan. 23) unveiled the launch of Apollo, a new multi-territory label which intends to capitalize on one-off hits from across Europe. The venture comprises two distinct units, Apollo Recordi ...

  50. Universal Launches Apollo In Europe

    January 23, 2006 12:00 AM EST Venture will target one-off tracks. Universal Music today (Jan. 23) unveiled the launch of Apollo, a new multi-territory label which intends to capitalize on one-off hits from across Europe. The venture comprises two distinct units, Apollo Recordi ...

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