HMV saved from closure after 50million deal which will save 2,500 jobs 141 iconic HMV stores will be saved by restructuring firm HilcoMusic and film companies 'back the deal' as they want to keep a High Street rival to internet retailers First HMV store opened on Oxford Street in 1921 By Rob Cooper PUBLISHED: 09:30 GMT, 5 April 2013 | UPDATED: 10:03 GMT, 5 April 2013 The HMV brand has been rescued after administrators agreed a 50million deal which will save 2,500 jobs. Hilco, a specialist restructuring firm, will acquire 141 HMV-branded stores – including 23 which had previously been set to close. The iconic brand had faced disappearing from high streets altogether if a rescue deal could not be agreed.
Radio station behind prank Kate hospital call pulls ALL advertising from its shows following global outrage at hoaxRadio network Austereo has suspended all advertising on 2DayFM It comes after major firms such as Telstra, Coles and Lexus Australia pulled their advertising campaigns following the death of Jacintha Saldanha | UPDATED: 01:26 GMT, 9 December 2012 The radio station which allowed two of its DJs to prank call the Duchess of Cambridge's hospital has suspended all advertising on its shows. Radio network Austereo announced it had suspended all advertising on 2Day FM following a number of high-profile advertiser boycotts. Major firms such as Telstra, Coles and Lexus Australia had already pulled their advertising campaigns following the death of 46-year-old nurse Jacintha Saldanha