“Bring out your undead!” cried Capcom to London Dead Rising fans, urging them to dress in their zombie finest for an early launch event at HMV on Oxford Street. The fans answered. More »
HMV is pretty sure games are going to be bigger than music, and as part of their slowly shifting focus they’re rolling out their very own pre-owned game program, HMV Re/Play. Launching this Friday across approximately 160 HMV Uk retail locations, the company will begin accepting game trade-ins across all major console and handheld platforms, exchanging used titles for store credit good for anything the store carries – DVD’s, games, and even music…but who buys CDs anymore? “Our launch into pre-played games and the acquisition of gamerbase.com underlines HMV’s long term commitment to games as it becomes an ever-increasing part of our overall product mix,” said HMV managing director Simon Fox.
Who goes to record stores anymore? I don’t really — unless I’m looking for something very, very specific. And other people don’t seem to be going as well. Heck, music retailer HMV announced that music sales are down 30 percent. But thankfully, people still get off their asses to go buy video games. Chief executive Simon Fox said:
Music is in our DNA and we are totally committed to it. But the fact is, the market is moving away from music — so we are giving more space in our stores to games… In games, we grew by just over 50 per cent, ahead of the market. And looking forward to Christmas… Within the next 12 to 18 months, it’s possible games will be bigger than music for us.
What happens when digital game distribution fully takes off? What then?
Game over [The Sun]
Strong video game sales, on both console and PC, helped drive retailer HMV to a 25 percent growth in their fiscal year results. The boost, the company says, will help it speed up the rollout of some fancy new stores.
Reported the UK Independent:
HMV said its pre-tax profits rose by 25.2 per cent to £56.6m and total sales grew by 11.3 per cent. Simon Fox, the chief executive, said: “A year ago, we said this would be a year for stabilising the business, but actually it turned into a year of growth. We are only one year into the three-year turnaround strategy, but we are definitely ahead of schedule”.
Fox also laid out exactly how much improving game sales had helped:
HMV can see the writing on the wall. Nobody buys CDs now. Nobody. But everyone buys games! Putting the two together, the British retail giant has announced that as CD revenues drop by an estimated 10% per year, they’ll be replacing them on the shelves with more games. But they’d best get a move on; Britain’s specialist “high street” retailers have been dropping like flies over the past year or two as the market for store-bought CDs and DVDs falls through the floor, and if HMV can’t win the punters over with games then they’ll soon be following.
Man, the HMV at Oxford Street in London is going to be jumping this weekend! Not only do they get Ubisoft’s Jade Raymond showing off Assassin’s Creed on Saturday, but now Spider-Man himself is going to be showing up tomorrow to personally sign copies of Spider-Man: Friend or Foe. This is truly a big deal of course, because as the webhead is busy scrawling out his name for you people (To Dave, My Biggest Fan. Love, Peter P Spider-Man), god knows how many innocents are being mugged, raped, and murdered on the streets of New York City. Like my uncle always used to say, with great power comes great opportunities to travel abroad and write your name on stuff. The only drawback to the whole event? Having to actually buy a copy of Spider-Man: Friend or Foe. More »