Restructuring company Hilco has reportedly bought HMV's debt, effectively putting it in control of the entertainment shop chain.
What it does do is stabilise the situation for HMV. Hilco and administrator Deloitte can now work together to map out a future for HMV.
Hilco is thought to have paid "much less" than the Ł176 million HMV had in underlying debt. Hilco hasn't commented on the situation.
As Brad Majors and Janet Weiss would sing: "There's a light..."