HMV could be revived as discount club BuyVia enters rescue talks

HMV fell into administration for the second time in six years just before Christmas, but a rescue effort looks to be on the cards yet again.

Online discount club BuyVia has announced it is currently in talks about rescuing HMV from bankruptcy. The proposal would see it save a number of retail stores and overhaul the retail giant’s digital presence.

"HMV has been a major player in the retail entertainment industry for nearly a century," said BuyVia representative Amy Jordan.

Becky is a hi-fi, AV and technology journalist, formerly the Managing Editor at What Hi-Fi? and Editor of Australian Hi-Fi and Audio Esoterica magazines. With over twelve years of journalism experience in the hi-fi industry, she has reviewed all manner of audio gear, from budget amplifiers to high-end speakers, and particularly specialises in headphones and head-fi devices.

In her spare time, Becky can often be found running, watching Liverpool FC and horror movies, and hunting for gluten-free cake.