The Vinyl Countdown: HMV's History
Updated: 11:53am UK, Tuesday 15 January 2013
A timeline of the history of HMV:
1921
The company's landmark store in Oxford Street, London is opened by the composer and conductor Sir Edward Elgar. Its owners, the Gramophone Company (later EMI), developed its legendary "His Master's Voice" trademark.
1962
Brian Epstein visits the store's recording studio and cuts a demo for The Beatles. It led to the band meeting Parlophone's George Martin and they recorded their first single at Abbey Road studios four months later.
1976
HMV begins to expand and has around 25 stores across the UK.
1986
The Group expands overseas, opening stores in Ireland and Canada. Its new Oxford Circus shop is the world's largest record store.
1990s
HMV opens stores in Australia, the US, Japan, Hong Kong, Singapore and Germany.
1997
The company launches its HMV UK website.
1998
EMI and venture capital firm Advent Investors create HMV Media Group, which then acquires HMV, Waterstone's and Dillons - subsequently rebranded as Waterstone's.
2002
HMV Media Group is renamed HMV Group and listed on the London Stock Exchange.
September 2006
Former managing director of Comet, Simon Fox, becomes chief executive of HMV Group.
2007
The chain acquires a number of Fopp and former Zavvi stores.
January 2009
HMV enters the live music market after buying venue owner MAMA Group for £46m.
January 2011
In an attempt to reduce its debt pile, the company begins to close 40 HMV stores and 20 Waterstone's shops.
May 2011
Waterstone's is sold to Russian billionaire Alexander Mamut for £53m.
January 2012
HMV does a deal with Universal and other music suppliers to help bolster its finances. The company's banks agree to give it more time to repay its debt.
June 2012
The company winds down its live music business, selling the Hammersmith Apollo for £32m.
August 2012
Chief executive Simon Fox says he will leave the business, with former Jessops boss Trevor Moore to take over.
December 2012
HMV admits it could breach crucial banking agreements at the start of 2013 as a result of huge debts and falling sales.
January 2013
The company calls in administrators Deloitte to oversee efforts to rescue it, leaving 4,000 jobs at risk.
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