Will Internet Claim Another Famous Victim?

The internet’s a wonderful thing – but it doesn’t come without costs.Britain’s last major music chain, HMV, is in big, big trouble – and many people are pointing to competition from digital downloads and online retailers as a major cause. 

The 89 year old company, which sells cds, dvds, and computer games, recently announced £40m losses, prompting fears that its entire future could be in doubt.  It’s got more than 400 stores across the country – so lots of jobs are at risk. 

If you’re interested in the background story of the internet’s torrid impact on the global commercial scene, two of our films, ICT In Business and  Marketing Series 1: The Internet Revolution, provide lots of relevant  background info. 

Full story here.