[lbo-talk] Tower Records

Joel Schalit managingeditor at tikkun.org
Thu Jan 4 17:01:43 PST 2007


I used to work as the label manager for an indie electronic label. During my years there, Tower was considered one of the biggest evils in the record business - particularly for independents - because they were very poor at paying distributors.

Despite these difficulties, major labels always had an easier time of securing payment than indies - even when independents were doing better sales with certain genres. This problem preceded the advent of the download and file sharing market by several years.

Its really hard to lament Tower's passing given the kinds of financial pains they put a lot of labels through. Scores of companies and artists had a difficult time getting paid because of their poor financial management, and it was this sort of behavior that helped contribute to the current crisis of the music business as much as file sharing and legally-authorized downloading.

The only thing I can think of that Tower helped pioneer was the introduction of well-curated special interest sections in chain stores. At a certain point in time, they had really educated buyers - the kinds of folks you associate now with indie shops like Other Music and Amoeba. So, in the late eighties and early nineties, it wasn't uncommon to find an excellent reggae, eletronica or indie rock section in one of their stores stocked with really obscure and high quality titles.

However, for me, that's about the extent of Tower's value. I don't mourn their passing, though I feel terrible about what it portends for the future of brick and mortar music purchasing. It really was the last big chain store barrier between big box retailers like Best Buy, and specialty indie shops that not that many people have access to.

Best, Joel

On Jan 4, 2007, at 5:27 AM, Colin Brace wrote:


> [any of you New Yorkers lament the loss of Tower Records?]
>
> http://www.guardian.co.uk/commentisfree/story/0,,1982434,00.html
>
> Going off the record
>
> All lovers of sound should be mourning the demise of America's last
> major music store
>
> Martin Kettle
> Thursday January 4, 2007
> The Guardian
>
> A walk through Central Park is always one of the great pleasures of
> being in New York. The other day, though, I took a walk through the
> park with a difference - a walk that took me from the past to the
> future.
>
> For many years, I've shopped at the huge Tower Records store just
> around the corner from the Lincoln Centre. The choice of music is
> amazing. I've spent more money on CDs there than in any other record
> store anywhere, not least because a favourable exchange rate makes a
> visit so irresistible.
>
> I went to the store again on my recent visit to New York. But it will
> be the last time. Tower Records is going out of business. It has
> failed to adjust to internet sales and web downloading. Visiting the
> dying store is now a poignant affair. The shelves are all but empty,
> and a handful of shoppers sift through the remaining stock looking for
> a few final bargains.
>
> The demise of Tower Records is a watershed moment for the sale of
> recorded music. From now on, no American city will have a large record
> store. And where New York leads, the rest of the world will surely
> follow. In Britain we still have similar outlets - mainly HMVs and
> Virgin Megastores - but the clock is ticking for them. I doubt there
> will still be a large record store in this country in a decade's time.
>
> You can't buck the market, they say, and the market says get your
> recorded music online, whether by internet CD purchases or
> increasingly by downloads alone. The process is unstoppable. And as
> you walk across Central Park from the detritus of the record store
> that will never rise again, you get to Fifth Avenue and enter the
> fallen Tower's nemesis - the Apple Store.
>
> The Apple Store is everything that Tower is not. It's light, friendly
> and fashionable. The design is cool and austere. There's not a lot to
> look at and almost nothing to browse. But the helpful staff circulate
> with advice about iPods and laptops - and that's enough. Hundreds of
> dollars-worth of merchandise change hands here every minute.
>
> We all know by now about the gains to the listener: the iPod and its
> kin are incredibly handy, portable and personalised. But you don't
> have to be a grumpy old man to see that something is also being lost -
> and I'm not talking here about the solitariness of the iPod
> generation. That's another argument for another day.
>
> I'm simply talking about the wonder of discovery. My generation
> learned an awful lot about music by browsing records in stores. It was
> both solitary and sociable. We learned in depth about bands and
> singers we'd not heard on the radio, that there were dozens of
> different recordings of this symphony or that sonata, and why this or
> that performer was better than the rest. And we learned in breadth too
> - as a teenager browsing in Valances in Leeds on Saturday mornings in
> the 60s, I learned more about jazz than I ever learned on the radio. I
> owe a lot of the scope and detail of my musical interests to record
> stores, and I wonder how the next generation is going to find that
> kind of opportunity.
>
> I can't help feeling that an important educational window is closing
> with the demise of record stores. Yes, it will be easier and cheaper
> to get the piece you already know you want online. But what about the
> piece or the genre you didn't know about until you started browsing
> through the records in places like Tower? How are you going to learn
> about Hindemith or Art Tatum if you don't know about them already?
> Online music destroys many barriers while erecting others. The
> liberation of discovery won't be impossible in the new world, but I
> fear it might be a bit harder.
>
> martin.kettle at guardian.co.uk
>
> --
> Colin Brace
> Amsterdam
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