A worker opens a branch of HMV at the start of the day on Oxford Street in London, Tuesday, Jan. 15, 2013. British music and entertainment retailer HMV admitted defeat on Tuesday after more than 90 years on the U.K high street, suspending trading in its shares and calling in administrators to try to salvage any viable parts of the business. HMV is the last big retail chain selling recorded music in Britain and employs more than 4,000 people working in 238 stores, which will remain open for the time being. The company's management confirmed that it had failed to gain agreements with lenders and suppliers to continue trading. (AP Photo/Matt Dunham)

Associated Press
A worker opens a branch of HMV at the start of the day on Oxford Street in London, Tuesday, Jan. 15, 2013.  British music and entertainment retailer HMV admitted defeat on Tuesday after more than 90 years on the U.K high street, suspending trading in its shares and calling in administrators to try to salvage any viable parts of the business.  HMV is the last big retail chain selling recorded music in Britain and employs more than 4,000 people working in 238 stores, which will remain open for the time being. The company's management confirmed that it had failed to gain agreements with lenders and suppliers to continue trading.  (AP Photo/Matt Dunham)
A worker opens a branch of HMV at the start of the day on Oxford Street in London, Tuesday, Jan. 15, 2013. British music and entertainment retailer HMV admitted defeat on Tuesday after more than 90 years on the U.K high street, suspending trading in its shares and calling in administrators to try to salvage any viable parts of the business. HMV is the last big retail chain selling recorded music in Britain and employs more than 4,000 people working in 238 stores, which will remain open for the time being. The company's management confirmed that it had failed to gain agreements with lenders and suppliers to continue trading. (AP Photo/Matt Dunham)
View Comments (0)