[BC] Tower Records in trouble

[Al Stewart]

------ At 11:43 AM 08/08/2006 -0700, Harold Hallikainen wrote: -------
  


>> 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?
>>
>
>
>Record retailers are probably being hit with the same issues as the record
>producers, that being consumers finding other sources for the music. Those
>include legal online sales, illegal online file transfers, and other
>unlicensed copying of music. As I mentioned earlier, where I work, no one
>seems to pay any attention to copyright. Employees gladly make copies of
>music and movies for each other. I'm sure it's pretty widespread.
>
>Harold


Yeah ... and how about the price for CDs ... when maybe one or two songs per CD are what you might want to listen to? 

Al




---------------------
Al Stewart
stewarta at kootenay.com
stewarta at xplornet.com
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