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HMV, the music, film and games retailer, is reviewing the creative assignment on its pounds 14.5 million account as it tries to broaden its appeal and ward off the threat to its business posed by the internet.
The company this week confirmed that it had invited a number of agencies to contest the business and that its incumbent shop, Bds Beechwood, was being invited to repitch.
'Having been with our current agency for seven years, we felt it was an appropriate time to review our business,' an HMV spokesman said.
The review, scheduled to take place during March and April, does not include Waterstone's, the book retailer, which is part of the HMV group. Media buying, which is handled by OMD UK, is unaffected.
The review takes place as HMV adjusts its offering to sustain its position in a market where erstwhile young CD buyers increasingly download their music via the internet, and the ...