Download victims: is HMV next?

Readers interested in the software market will be aware that Game had a nasty brush with administration the other week. It's been rescued and the fact that 3000 jobs have been saved is unalloyed good news of course. It remains, though, dependent on a market that's being edged out by downloads. As is everyone in 'boxed' entertainment. Which leads to the question: is HMV next?