麻豆社

The Canadian music store mogul Doug Putman is to buy HMV out of administration, saving 1,487 jobs.

His firm, Sunrise Records & Entertainment, will acquire 100 stores across the UK, which will continue to trade as HMV.

Mr Putman said: 鈥淲e are delighted to acquire the most iconic music and entertainment business in the UK and add nearly 1,500 employees to our growing team."

(Image: HMV store, credit: 麻豆社)