Financial Times FT.com

Decline and fall of a music empire

By Andrew Edgecliffe-Johnson and Tom Braithwaite

Published: January 4 2007 02:00 | Last updated: January 4 2007 02:00

Some retailers' tills kept ringing over Christmas. But at one London store yesterday staff were despondent.

"Will there be redundancy pay?" asked a Music Zone sales assistant. "How long will we be in administration for?" asked his colleague.

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