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Gloucestershire Business News

HMV returns to making music

Music retailer HMV has returned to making records for the first time in over 40 years.

HMV, which has a store in Cheltenham, has launched its own music label, 1921 Records, as reported by Retail Gazette.

Newcastle-based singer-songwriter India Arkin is the first singing to 1921 Records, which will be on sale exclusively in HMV's high street and online stores.

Doug Putman, who bought HMV in 2019, said the new label will help artists to get noticed in a tough industry, where streaming algorithms make it hard for them to get their voices heard.

The retailer has also committed to focus further on live music, with more than 100 gigs planned for its stores on National Album Day next month.

Since the start of the year, more than 1,000 gigs have taken place at its 115 stores around the UK through its HMV Live & Local programme.

Have gone into administration in both 2013 and 2018, HMV is having something of a comeback, thanks to the rise in interest in vinyl. It has opened nine stores this year, with three more to come before Christmas.

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