Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

HMV Negotiating to Sell Music Service 7digital Stake, Sky Says

Oct. 16 (Bloomberg) -- HMV Group Plc is in talks to sell its stake in music service 7digital, Sky News reported, citing people close to the company it didn’t name.

The U.K. retailer is in talks with several prospective buyers, which are thought to be technology companies, Sky said. A deal is still “some way off,” according to the news service.

HMV may choose to reduce its shareholding in 7digital without selling the asset entirely, Sky said, citing the unidentified people close to the company.

To contact the reporter on this story: Karen Eeuwens in London keeuwens@bloomberg.net.

To contact the editor responsible for this story: Francisco Marcelino at mdeoliveira@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.