Music Zone

In February 2005, Music Zone was sold in a management buy-out for £12 million,[2] backed financially by the private equity firm Lloyds Development Capital (LDC), as well as funds from the board of directors.

[2] Then in January 2006, the company bought forty one outlets from collapsed chain MVC,[3] allowing Music Zone to expand nationwide.

On 27 December 2006, the Bank of Ireland withdrew its loan and future working capital facilities, and decided to recover its debts without notice and with immediate effect.

By the time of closure, the company debts totalled £31 million On 5 February 2007, retailer Fopp announced it would be taking over 67 of the remaining stores in addition to some of Music Zone's head office and warehouse facilities.

[6] In March 2007, Fopp had difficulties rebuilding supplier contracts, and shut down a great number of the higher maintenance stores.

A closed Music Zone store in Exeter in Devon, August 2007