Music and film suppliers, who want to see HMV survive as internet retailers erode their margins, have been crucial to keeping HMV afloat.
Mmm, yes, I can understand that. Old way of doing business would indeed prefer not to have their rent claiming ability wiped out by new technology.
Chuka Umunna, Labour’s Shadow Business Secretary, called HMV a “national institution” and described last night’s news as “deeply worrying”.
Yeah, it is deeply worrying that consumers will no longer see producers’ margins being protected.
At some point someone’s going to have to break it to our Little Chuka. The point of this whole economy game is the consumer, not the producer.