Let's hope HMV are in good enough shape

Still rather unsettling times on the Waterstone's front. Everybody is hugely positive about the sale to Mamut with James Daunt at the helm. However the deal still needs to be done. The most telling sentence in a recent article in the bookseller was this:

'The HMV Group said banks were supportive of the disposal but warned that if it could not renegotiate its debt, the sale would not go ahead.'

Perhaps publishers should encourage their staff to buy some cds from HMV to boost their coffers.