HMV UK was purchased by Hilco for 50 million pounds so it appears the 140 store chain will remain operational.
No news on when or if they will reinstate their online store but I think they will probably want to get back into digital sales soon.
HMV UK was where I purchased most of my CD singles and European music video compilations back in the day.
Effective today, residents of Prince Edward Island will be subject to a Harmonized Sales Tax of 14% on most services and products whilst British Columbia Residents will be subject to a Goods and Services Tax of 5%, which will be replacing the Harmonized Sales Tax of 12% in BC.
In British Columbia there will be a decrease in taxes on books (audio, electronic, bound and printed), basic cable services, concert tickets, music lessons and movie tickets but a combined tax of 12% (5% GST + 7% PST) will remain on most products and services. Individually purchased magazines will be subject to less taxes in this province.
In Prince Edward Island there will be decreases in retail sales taxes on CDs, DVDs, Blu-Rays, MP3 players, DVD and Blu-Ray players, radios, stereos, televisions, movie tickets, basic cable subscriptions and individual magazine purchases. Audio Books and Books will still be subject to the GST at 5% in this province whilst music lessons will be exempt.
For additional information please consult the following documents :
SOCAN has reported a 14% hike in their concert royalties in 2012, totaling 20.9 million in Canadian dollars.
The royalties in 2011 had only grown by 1% from the previous year to 18.3 million dollars from 18.2 million dollars.
BTW, if you are a composer or musician, SOCAN has a series of interesting articles that you might want to read. Click here to access a listing of these articles..
Vevo had created a new service for internet connected televisions, mobile devices and tablets called VevoTV, on which music videos are played randomly.
New and classic music videos from multiple genres are featured on this 24 hour service, whose is currently available to American and Canadian Facebook members. And yes, it can also be viewed on your computer.
Like Shoppers Drug Mart, select Real Canadian Superstores are offering $6 off $30 iTunes multi-packs.
A coupon for the offer that expires on March 21st is available in General Merchandise portion of this week’s flyer and possibly at the store itself ; I’ve found copies of the coupon on display among the gift cards and on their coupon wall in the past.