His Master's Voice (NZ) Limited (2)

A marketing company created by EMI (NZ) Ltd. in the mid-1970s. It was first tasked with manufacturing WEA related releases after WEA Records Limited took over marketing and then moved into budget and TV advertised catalogue. The 'HMVNZ' prefix was used on TV advertised album from 1975 to 1984. sold on a commission basis to try to avoid the punitive 40% sales tax on records which applied at the time. Records were sold at retail less commission basis, instead of wholesale plus tax basis. Budget Axis/Sound Value releases were also sold on the same basis during this period. A distinct company from the earlier His Master's Voice (NZ) Limited. Dissolved 30th June 1992.