HMV sold to Canadian mogul Doug Putman, saving 1,500 jobs

Sunrise Records owner to keep 100 of chain’s 127 stores, including four Fopp outlets•Doug Putman: the vinyl fan aiming to put a new spin on HMVA Canadian music entrepreneur has rescued HMV from collapse, taking over 100 shops and safeguarding 1,500 jobs.Doug Putman, who runs the Canadian retailer Sunrise Records, has bought the UK music and film retailer after emerging as the leading contender over the weekend, heading off competition from Mike Ashley, the Sports Direct boss. Related: