HMV

Numerous parties interested in acquiring HMV Live: HMV confirms

Numerous parties interested in acquiring HMV Live: HMV confirms

Struggling entertainment giant HMV has confirmed that a number of parties are showing interest in acquiring its live music arm.

Previously, HMV announced that it was placing HMV Live under review that might eventually lead to its sale. HMV Live runs 13 venues along with numerous festivals such as Global Gathering near Stratford-upon-Avon and Lovebox in London.

In a statement issued on Thursday, the group said, "HMV can confirm that this review remains on-going and that a number of parties have indicated an interest in acquiring the business."