Music and Video Club

Music and Video Club or MVC was a British entertainment retailer which sold DVDs, VHS, audio cassettes, video games, and CDs of popular and specialist titles. At its peak, the company operated 82 stores in the United Kingdom, and also sold products over the Internet. The company closed in January 2006, after entering into administration.[2]

Music and Video Club (MVC)
Private
IndustryEntertainment retail, Record store
FateAdministration
Founded1989
Defunct2006
Headquarters
London
,
United Kingdom
Number of locations
82, (73 at time of administration)[1]
Area served
United Kingdom
ProductsVHS, DVD, music, video games
OwnerKingfisher Group (1993–05)
Woolworths Group (2005)
Argyle Partners (2005–06)
Number of employees
700
Websitewww.mvc.co.uk/ 

History

MVC was founded by former Our Price directors, who left after W H Smith bought the company. It was bought by Kingfisher plc in 1993,[3][4] which later spun it off as part of the Woolworths chain in July 2005.[5]

In August 2005, MVC was sold to venture capital company Argyle Partners for £5.5 million.[2] In December 2005, however, it entered administration with Kroll.[1] In January 2006, 41 MVC stores were bought by competitor Music Zone.[6]

On 25 January 2007, Music Zone also went into administration.[7] 67 former Music Zone stores were taken over by music and book retailer Fopp, including some of the former MVC stores.[8] Fopp, however, also subsequently entered administration in June 2007, though that brand was saved after purchased by HMV, and as of 2018, still has seven stores trading.[9]

gollark: Then when you want a mint or something it's all chronos.
gollark: Basically, see, the cave senses your intention. If you want to catch, say, chrono xenowyrms, no chronos spawn.
gollark: I mean, most RNGs are based partially on time (in milliseconds since the beginning of time in 1970)...
gollark: People probably *want* pre-cracked AP eggs.
gollark: Nobody will be annoyed, presumably.

References
  1. "MVC Entertainment loses its spin". This Is Money. 22 December 2005. Retrieved 12 February 2009.
  2. "Sad note as MVC is called into administration". Bedford Today. 1 January 2006. Retrieved 12 February 2009.
  3. "Kingfisher". FPM. Archived from the original on 11 July 2011. Retrieved 10 October 2010.
  4. Kingfisher Plc Business Information, Profile, and History, JRank (retrieved 9 October 2010)
  5. "Woolies sells off ailing MVC". This Is Money. 31 July 2005. Retrieved 12 February 2009.
  6. "Music Zone buying 41 MVC outlets". BBC News. 4 January 2006. Retrieved 3 September 2011.
  7. "Music Zone enters administration". BBC News. 5 January 2007. Retrieved 12 February 2009.
  8. "Music Zone sells stores to Fopp". BBC News. Retrieved 3 September 2011.
  9. Ernst & Young Press Statement Archived 9 October 2007 at the Wayback Machine
  • Official website, previously redirected to HMV site, and then to Amazon UK. Now directed to a Sedo holding page
  • Official website, archived version of website from Feb 06

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