No fixed date is set for the closure of the 66 stores which will continue to trade for now. However, the planned closures are due to start over the next one to two months. HMV currently operates from 220 stores in the UK.
Nick Edwards, Joint Administrator, said: "As part of our ongoing review of HMVs financial position, we have now completed a review of the store portfolio and have identified 66 loss making stores for closure.
"This step has been taken in order to enhance the prospects of securing the business future as a going concern. We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period.
"All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business."
More top news
Neil Conway, who has terminal motor neurone disease, vowed to continue his battle against assisted dying law despite losing a High Court bid
Emergency services in Queensland posted a picture of the bull shark that wound up on a road while swimming in flood waters.
An apparent threat to pull security co-operation unless the European Union agrees to a trade deal has been played down by ministers.