[BC] Tower Records in trouble

Reader reader
Tue Aug 8 13:32:47 CDT 2006


Barry,

Recent reports indicate Tower Records is close to sale or bankruptcy, 
whichever comes first.

Apparently they owe a lot to the record companies, some of whom have 
stopped shipments to Tower.

Guess all those increased RIAA fees to broadcasters sure didn't help 
the record stores enough. Oh wait - you mean the record companies 
kept all the money?  Who'd a thunk?




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