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*Anya* · 05-11-2016, 08:35 PM

The documentary is the story of Tower Records, which was founded in 1960-1961 in Sacramento.

They evolved from 45's and albums to cassettes and then onto CD's.

In 1999, they had sales of over one billion dollars.

They expanded to international markets and overextended the business. Then Target, Walmart, Best Buy, etc. started selling CD's.

When the digital revolution came, Tower jumped on it "not knowing it would lead to their own demise".

Then came Napster.

"How can you compete with free music?"

In 2004, they filed for bankruptcy.

05-11-2016, 08:35 PM	#18
Anya Infamous Member How Do You Identify?: Lesbian non-stone femme Preferred Pronoun?: She, her Relationship Status: Committed to being good to myself Join Date: Jun 2011 Location: West Coast Posts: 8,258 My Photo Gallery Thanks: 39,306 Thanked 40,806 Times in 7,290 Posts Rep Power: 21474856	All Things Must Pass The documentary is the story of Tower Records, which was founded in 1960-1961 in Sacramento. They evolved from 45's and albums to cassettes and then onto CD's. In 1999, they had sales of over one billion dollars. They expanded to international markets and overextended the business. Then Target, Walmart, Best Buy, etc. started selling CD's. When the digital revolution came, Tower jumped on it "not knowing it would lead to their own demise". Then came Napster. "How can you compete with free music?" In 2004, they filed for bankruptcy. __________________ ~Anya~ Democracy Dies in Darkness ~Washington Post "...I'm deeply concerned by recently adopted policies which punish children for their parents’ actions ... The thought that any State would seek to deter parents by inflicting such abuse on children is unconscionable." UN Human Rights commissioner