Saturday, February 07, 2004
Tower Records Declares Bankruptcy
Venerable Tower Records announced that it was filing for bankruptcy protection as it gave way to the effects of free downloading. Of course, the name Tower Records was dated 10 years ago when people started buying CDs, but being two jumps behind is simply too much. One has to wonder why they didn't launch Tower Downloads and skip CDs altogether.
# Permalink
Posted at
12:33 AM
Email this
Link
