Type | Private |
---|---|
Industry | Entertainment retail, Record store |
Founded | 1989 |
Defunct | 2006 |
Fate | Administration |
Headquarters | , |
Number of locations | 82, (73 at time of administration)[ citation needed ] |
Area served | United Kingdom |
Products | VHS, DVD, music, video games |
Owner | Kingfisher Group (1993–05) Woolworths Group (2005) Argyle Partners (2005–06) |
Number of employees | 700 |
Music and Video Club or MVC was a British entertainment retailer which sold DVDs, VHS, audio cassettes, video games, and CDs of popular and specialist titles. At its peak, the company operated 82 stores in the United Kingdom, and also sold products over the internet. The company closed in January 2006, after entering into administration. [1]
MVC was founded by former Our Price directors, who left after W H Smith bought the company. It took over two Titles video rental stores in Hendon and Colchester initially and its unique selling strategy was to offer discounted prices for members, using a dual pricing system whereby members obtained a membership card for a small fee. However, its strategy of locating off the high street to save rental costs led to reduced footfall and as competitors began to reduce CD, video and multimedia prices, this price advantage was eroded over time. It belatedly attempted to locate newer outlets in prime locations but MVC had missed its opportunity. It was bought by Kingfisher plc in 1993, [2] which later spun it off as part of the Woolworths chain in July 2005.[ citation needed ]
In August 2005, MVC was sold to venture capital company Argyle Partners for £5.5 million. [1] In December 2005, however, it entered administration with Kroll.[ citation needed ] In January 2006, 41 MVC stores were bought by competitor Music Zone. [3]
On 25 January 2007, Music Zone also went into administration. [4] 67 former Music Zone stores were taken over by music and book retailer Fopp, including some of the former MVC stores. [5] Fopp, however, also subsequently entered administration in June 2007, though that brand was saved after purchased by HMV, and as of 2018, still has seven stores trading. [6]
His Master's Voice (HMV) was the name of a major British record label created in 1901 by The Gramophone Co. Ltd. The phrase was coined in the late 1890s from the title of a painting by English artist Francis Barraud, which depicted a dog named Nipper listening to a wind-up disc gramophone and tilting his head. In the original, unmodified 1898 painting, the dog was listening to a cylinder phonograph. The painting was also famously used as the trademark and logo of the Victor Talking Machine Company, later known as RCA Victor. The painting was originally offered to James Hough, manager of Edison-Bell in London, but he declined, saying "dogs don't listen to phonographs". Barraud subsequently visited The Gramophone Co. of Maiden Lane in London where the manager William Barry Owen offered to purchase the painting if it were revised to depict their latest Improved Gramophone model. Barraud obliged, and Owen bought the painting from Barraud for £100.
Blockbuster Video was an American video rental store chain. It was founded by David Cook in 1985 as a stand-alone mom-and-pop home video rental shop, but later grew into a national store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater. The company expanded internationally throughout the 1990s. At its peak in 2004, Blockbuster consisted of 9,094 stores and employed approximately 84,300 people: 58,500 in the United States and 25,800 in other countries.
Virgin Megastores is an international entertainment retailing chain, founded in early 1976 by Richard Branson as a record shop on London's Oxford Street.
Video Ezy was an Australian home video rental business that offered titles on VHS, DVD, Blu-ray and Ultra HD Blu-ray, as well as console video games, for rent. At its peak in the mid-2000s, Video Ezy had over 500 company-owned and franchised video rental shops in the country, and owned 40% of the Australian video rental market after taking over Blockbuster's Australian operations. The company also expanded internationally into New Zealand and Asia.
Woolworth was a listed British company that owned the High Street retail chain Woolworths. It also owned other companies such as the entertainment distributor Entertainment UK, and book and resource distributor Bertram Books.
Sunrise Records and Entertainment, trading as HMV, is a British music and entertainment retailer, currently operating exclusively in the United Kingdom and Ireland.
Fopp is a British chain of retail shops selling music, film, books and other entertainment products in the United Kingdom. It is owned by HMV.
Our Price was a chain of record stores in the United Kingdom and Ireland from 1971 until 2004.
Comet Electricals Limited, trading as Comet, is an online electrical retail chain based in the United Kingdom. The company sells consumer electronics and white goods, along with related products and services. Its predecessor, under the same brand name, pioneered the concept of the out-of-town discount warehouse in the United Kingdom.
Music Zone was a music retailer in the United Kingdom, formed in Levenshulme in 1984, as a market stall in Longsight, Manchester.
EzyDVD is an Australian specialist home video retailer offering DVD, Blu-ray, and Ultra HD Blu-ray discs for purchase. At its peak in the mid-2000s the company had over 70 retail stores around Australia, but is now exclusively an online retailer.
Andy's Records was a UK music retailer that traded from 1969 to 2003. Based in Bury St Edmunds, its roots were in nearby Felixstowe and Cambridge.
A record shop or record store is a retail outlet that sells recorded music. In the late 19th century and the early 20th century, record shops only sold gramophone records, but over the 20th century, record shops sold the new formats that were developed, such as eight track tapes, compact cassettes and compact discs (CDs). Today in the 21st century, record stores sell CDs, vinyl records and in some cases, DVDs of movies, TV shows, cartoons and concerts. Some record stores also sell music-related items such as posters of bands or singers, -related clothing items and even merchandise such as bags and coffee mugs.
Sanity is an Australian chain of music and entertainment stores and is the country's second-largest retailer of recorded audio and video discs. It is privately owned by Ray Itaoui, and as of March 2023, Sanity closed all of its 49 remaining stores except they kept one store in Sydney. The brand specialises in the sale of CDs, DVDs, Blu-rays and related merchandise and accessories, sold from its network of stores and website. The Sanity brand was owned and conceived by Brazin Limited from 1992, before being folded into BB Retail Capital in 2006, then became a company in its own right after it was divested to Itaoui in 2009. At its peak, there were more than 150 Sanity outlets across every state and territory of Australia.
Hilco Capital is a British international company based in London, England that specialises in restructuring and refinancing other companies.
Head Entertainment was an entertainment retail chain in the United Kingdom. The company was formed on 18 February 2009 when Simon Douglas, former managing director of Zavvi and business partner Les Whitfield, purchased five stores from Zavvi Entertainment Group which was placed in administration on 24 December 2008. All stores closed in early 2010 after less than a year of trading.
Zavvi is an online retailer of entertainment products, including Blu-rays, collectables, homeware and toys. Originally a physical retailer, the brand has been online only since it was bought from administration by The Hut Group in 2009. In July 2023, THG confirmed the sale of its OnDemand division, including Zavvi, to its existing leadership team, with financial backing from investment firm Gordon Brothers.
Virgin Megastores was a retail chain that operated in the United Kingdom from 1971 to 2007. The company was established by Richard Branson, originally as a small record shop, and became a national chain. In 2007, the company was sold to management, and was rebranded as Zavvi. Zavvi entered administration in 2008 and subsequently closed.
Sunrise Records and Entertainment Ltd., operating as Sunrise Records, is a Canadian record store chain based in Ancaster, Ontario. Currently owned by Douglas Putman, it currently operates in nine Canadian provinces. Originally operating with only 9 locations in Ontario, the chain announced a major expansion in February 2017, under which it purchased leases for 70 locations formerly occupied by HMV Canada. The chain runs approximately 85 locations across Canada.