Not sure if they read Sky TV's recent submission to the government's Digital Britain review which claimed Channel 4's current financial woes are basically down to massive incompetence on the part of management there, but HMV has recruited Channel 4 chief Andy Duncan as a non-executive director. Perhaps they are also going to ask for a cut of the licence fee to prop up their business.
Confirming his appointment to the HMV board, Duncan told reporters: "I am very pleased to be joining the HMV group board. CEO Simon Fox and his team are executing a clear plan to improve and grow the business in changing markets, and I very much look forward to contributing to the board as the next steps in the group's transformation are charted".
Still, following their recent move into the live music space, the recruitment of a media man into the boardroom could be an indication that HMV is planning further diversification, which would be sensible.