Which strategic pivot saved HMV (His Master's Voice) from permanent closure after its initial bankruptcy in 2013?

The music industry has undergone significant digital transformation in recent decades, with many iconic brands reinventing themselves to stay relevant. This trivia question tests your knowledge of how a major music retail brand pivoted to survive the digital revolution that threatened physical music sales. Can you identify which transformation strategy saved this once-struggling music giant?

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Becoming a vinyl-focused retailer with expanded merchandise and live music spaces
Converting all stores into digital download kiosks and subscription services
Merging with Spotify to create exclusive physical-digital hybrid stores
Transforming into a music production studio chain with consumer recording booths