After some better than expected financial results in 2009, the flagship retail division of the ever-expanding music and entertainment firm HMV had a disappointing first quarter in 2010, according to figures published yesterday.

Sales for the sixteen weeks up to 24 Apr in HMV's UK and Ireland ...

News Desk - 9pm


Gordon Brown has reiterated his vision that a global banking levy to be introduced to prevent bonuses and the practices that have allowed banks to involve themselves in "high risk" financial practices.

How will each party bring fairness, Cameron "it ...

Rough Trade co-founder Jeannette Lee accused the music industry of being far too white male dominated.

The famously low profile Lee was speaking at the Association Of Independent Music's Women In Entertainment event. The industry has been acused of rarely talking about diversity.

As one half of ...

Young ladies and old men have dominated the musical Rich List, according to the Sunday Times.

The list of wealthy UK music stars under 30 is very female dominated, with Charlotte Church, Katherine Jenkins and Leona Lewis tying for first place (each with an £11 million fortune), followed ...

Organisers of last Saturdays' Record Store Day have said their day of record shop-based promotions was a big success, with many stores reporting queues down the street and twice as many sales this year as last.

The worldwide promotion's UK coordinator, Rough Trade East's Spencer Hickman, told reporters:

Despite being the first developed nation to enter the recession and the last to come out, the city has given a strong indication that the good times are coming back handing workers a £6.8 billion bonus pot.

Taxpayers will also welcome those extra receipts through Gordon Brown's 50% ...

Commercial radio has given a "cautious welcome" to OfCom's loosening of tight local regulations.

Following the passing of the Digital Economy Act last week, they will allow local radio groups to pool more of their programming resources between stations, but on the condition some savings are used to ...

It may not be another British Invasion on the American music charts but sales are holding up quite well according to the British Phonographic Industry

Following upbeat reports from collecting societies PRS and PPL regarding the money being generated by British artists abroad last year, record label trade ...

The UK's radio industry is seemly divided over the recent landmark Digital Economy Act.

Whilst the sectors big boys have embraced the act a consortium of fourteen smaller radio stations the shut down much of the FM network by 2015 will have a detrimental affect on them, and ...