« CBGB on SNL (the video) | Main | Bad Brains @ CBGB (2006 - show 1), NYC | pics »
Posted in NYC | industry | music on October 9, 2006
Tower Records closing

"Tower Records has played its last tune. On Friday, after a 29-hour auction, most of the bankrupt music retailer's assets were sold to liquidation firm Great American Group, which bid $134.3 million. The company outbid Albany, N.Y.-based retailer Trans World Entertainment by a mere $500,000." [Washington Post]
Idolator has more coverage.
Previously
Music companies cut CD shipments to tower records
Pearl Jam wants you to 'earn your ticket' | Reports from the line
---
Tags:
Posted on October 9, 2006 9:24 PM
Leave a comment
Powered by Ajax Comments
« CBGB on SNL (the video) | Main | Bad Brains @ CBGB (2006 - show 1), NYC | pics »
---
Comments (38)
Anyone know what was being filmed in front of Tower in the Village last week? The actors looked like zombies.
Posted by Anonymous | October 9, 2006 10:08 PM
so one YouTube is worth 13 Tower Records Chains
Posted by wes | October 9, 2006 11:09 PM
Fuck Tower - in NYC they pay their employees $6.75 an hour! After taxes that works out to be about $5.50. To hell with Tower.
Posted by Matt | October 9, 2006 11:13 PM
Anyone know what was being filmed in front of Tower in the Village last week? The actors looked like zombies.
--yes-a will smith film called "I Am Legend" -- sorry to dissapoint.
Posted by Sam Bowden | October 9, 2006 11:18 PM
Fuck you Matt!
Posted by Anonymous | October 9, 2006 11:25 PM
Fuck me? It's the truth, feel free to check it out. I unfortunately learned the hard way a couple years ago.
Posted by Matt | October 9, 2006 11:27 PM
this is a major bummer. where will i sleep outside next time pearl jam demands a mini "survivor" in greenwich village?
Posted by grace6697 | October 9, 2006 11:51 PM
Tower might have been a capitalist company like any other in the U.S., however they knew music. No other chain or indie store could come up with the knowledge and selection Tower provided to music lovers. Virgin Megastore cannot even come close. Youngsters who visit BV might not realize it, but it is the end of an era. I would leave nostalgia aside and would be all for the Internet revolution if mp3's had better than or at least the same sound quality of CDs, but with DRM-infected crappy iTunes files, we're going backwards rather than forwards. If you get your music for free and hardly ever pay for any live shows, in my eyes you're a scumbag anyway. Tower will be missed by most people who love music, especially in New York and LA. All around the U.S., there used to be a store, where you could listen to and buy CDs 365 days a year from 9am to midnight. Soon it will no longer exist. My heart is in pieces.
Posted by Bob | October 10, 2006 12:18 AM
why is there a picture of other music up there when you're talking about tower records? just wondering!
Posted by Anonymous | October 10, 2006 12:34 AM
bob, i agree with you. i'm just reflecting on how tower shaped my life since middle school and it played a bigger role than i ever realized. new england's got newbury comics, which i think does know music much in the way tower did. but nothing comparable down here, i agree. virgin megastore is exactly that -- a megastore.
to the person who didn't get the other music pic, just look a little more carefully. you'll figure it out eventually. something having to do with the necessity of the word "other"...
Posted by ag | October 10, 2006 12:48 AM
in the village, other music is across the street from tower.
it was "other music", the alternative source for music.
now there is no tower.
so it is just "music".
Posted by Anonymous | October 10, 2006 12:48 AM
in the village, other music is across the street from tower.
it was "other music", the alternative source for music.
now there is no tower.
so it is just "music".
Posted by Anonymous | October 10, 2006 12:49 AM
bob, i agree with you. i'm just reflecting on how tower shaped my life since middle school and it played a bigger role than i ever realized. new england's got newbury comics, which i think does know music much in the way tower did. but nothing comparable down here, i agree. virgin megastore is exactly that -- a megastore.
to the person who didn't get the other music pic, just look a little more carefully. you'll figure it out eventually. something having to do with the necessity of the word "other"...
Posted by Anonymous | October 10, 2006 12:51 AM
Other Music is in front of the Downtown Tower Records...They used to be the "other" record store on that street.....Anyway, Bob, How can you say that Tower employees knew more about music than Indie record store clerks...cmon!
Posted by nolte | October 10, 2006 12:51 AM
So are there any good deals now that they are liquidating the store? There are some catalog albums I've wanted to pick up for awhile now and if they were nice and cheap I'd be there in a heartbeat.
Posted by BK | October 10, 2006 1:15 AM
The sad reality is that Other Music may suffer. There must be people who travel down to Tower and then notice another record store across the road.
Posted by Irish Bob | October 10, 2006 5:32 AM
the "deals" at the downtown store right now is limited to 10% off of CDs and DVDs (and games too I believe, but not sure on that one), 20% off of books, and 30% off of magazines. Not such a great sale for a liquidiation if you ask me.
Posted by preston | October 10, 2006 9:57 AM
... but the way liquidation sales work is as the liquidation period comes closer to its end, the discounts go up incrementally. Unfortunately, once the discounts are up around 70% there is mostly crap left. Suggestion: when it's around 30% and 40% schedule some time to browse aggressively.
Posted by Anonymous | October 10, 2006 10:30 AM
Can't wait until they make the Village location into a Starbucks.
Posted by musicsnobbery | October 10, 2006 11:24 AM
Spin wrote an article back in the 90's about how easy it was to steal from Tower. I can't believe they lasted this long. I'll miss it.
Posted by DJ Howdy Dookie Chainz | October 10, 2006 1:28 PM
other music didn't have the replacements "don't you know who i think i was" they day it came out, i went across the street to tower and get it there. i guess other music isn't indie enough....
Posted by Anonymous | October 10, 2006 6:21 PM
I still recall my first visit to Tower Records located on Broadway in NYC during the 1980s. It had a wonderful classical musical department on the 'second floor', where I would spend countless hours (and many dollars) thumbing through the new CD releases. In those days, MP3's, iPods, and the Internet were still 'in the future'.
Yesterday, I visited the Tower store in Philadelphia, where I now live. As usual, I checked out the classical department. It was the one area where the store did not put up discount posters; it felt as if the store would continue to run. But that would not be the case; the entire Philly store was also to be 'liquidated'.
I did check out the 'classic rock' section. Alas, the original CD price for a Beatles CD was still $18.99 per disk, or about $17.00 with the discount. Which was a major factor in Tower's downfall. Why would today's record buyer shell out $18.00 for a CD while a favorite song could be had for 99 cents (via iTunes)? In recent years, I have cut back on my CD purchases at Tower and shifted to DVD and onlline purchases. But Tower still had plenty of CDs of music that I could never find on Amazon or iTunes. Tower epitomized that freedom of choice. It was a wonderful place to simply 'hang out' and chat with the salesclerks on the latest releases.
The demise of Tower Records marks an end of an era. I was younger in those times. Now I feel older.
Posted by Thomas Alton | October 11, 2006 10:24 AM
I still recall my first visit to Tower Records located on Broadway in NYC during the 1980s. It had a wonderful classical musical department on the 'second floor', where I would spend countless hours (and many dollars) thumbing through the new CD releases. In those days, MP3's, iPods, and the Internet were still 'in the future'.
Yesterday, I visited the Tower store in Philadelphia, where I now live. As usual, I checked out the classical department. It was the one area where the store did not put up discount posters; it felt as if the store would continue to run. But that would not be the case; the entire Philly store was also to be 'liquidated'.
I did check out the 'classic rock' section. Alas, the original CD price for a Beatles CD was still $18.99 per disk, or about $17.00 with the discount. Which was a major factor in Tower's downfall. Why would today's record buyer shell out $18.00 for a CD while a favorite song could be had for 99 cents (via iTunes)? In recent years, I have cut back on my CD purchases at Tower and shifted to DVD and onlline purchases. But Tower still had plenty of CDs of music that I could never find on Amazon or iTunes. Tower epitomized that freedom of choice. It was a wonderful place to simply 'hang out' and chat with the salesclerks on the latest releases.
The demise of Tower Records marks an end of an era. I was younger in those times. Now I feel older.
Posted by Thomas Alton | October 11, 2006 10:24 AM
I still recall my first visit to Tower Records located on Broadway in NYC during the 1980s. It had a wonderful classical musical department on the 'second floor', where I would spend countless hours (and many dollars) thumbing through the new CD releases. In those days, MP3's, iPods, and the Internet were still 'in the future'.
Yesterday, I visited the Tower store in Philadelphia, where I now live. As usual, I checked out the classical department. It was the one area where the store did not put up discount posters; it felt as if the store would continue to run. But that would not be the case; the entire Philly store was also to be 'liquidated'.
I did check out the 'classic rock' section. Alas, the original CD price for a Beatles CD was still $18.99 per disk, or about $17.00 with the discount. Which was a major factor in Tower's downfall. Why would today's record buyer shell out $18.00 for a CD while a favorite song could be had for 99 cents (via iTunes)? In recent years, I have cut back on my CD purchases at Tower and shifted to DVD and onlline purchases. But Tower still had plenty of CDs of music that I could never find on Amazon or iTunes. Tower epitomized that freedom of choice. It was a wonderful place to simply 'hang out' and chat with the salesclerks on the latest releases.
The demise of Tower Records marks an end of an era. I was younger in those times. Now I feel older.
Posted by Thomas Alton | October 11, 2006 10:26 AM
Matt, don't complain, I worked at the Tower in the Village and only made $5.75 an hour! Besides, you know what you are going to be making when you apply to work at Tower. You would be making the same hourly salary working at Sam Goody, etc. If you dont like it, work at Barnes and Noble or Starbucks. Tower is a easy job.
Posted by smitty | October 11, 2006 11:25 AM
Matt, don't complain, I worked at the Tower in the Village and only made $5.75 an hour! Besides, you know what you are going to be making when you apply to work at Tower. You would be making the same hourly salary working at Sam Goody, etc. If you dont like it, work at Barnes and Noble or Starbucks. Tower is a easy job.
Posted by Anonymous | October 11, 2006 11:26 AM
Matt, don't complain, I worked at the Tower in the Village and only made $5.75 an hour! Besides, you know what you are going to be making when you apply to work at Tower. You would be making the same hourly salary working at Sam Goody, etc. If you dont like it, work at Barnes and Noble or Starbucks. Tower is a easy job.
Posted by smitty | October 11, 2006 11:27 AM
sorry about the multiple comments, it said "error" after I clicked "post".
Posted by smitty | October 11, 2006 11:29 AM
The pay was low but it was a lot of fun working there. There was lots of drama and it was almost like high school but except we got paid. I got to learn a lot about people when I worked there. I will definately miss it.
Posted by Kimball | October 12, 2006 7:59 AM
Hey yeah, I've been to that Tower in Philly, even though I'm in Cali. I liked the comment about MP3's sounding like crap, 'cause they do. I don't think that Tower closing was inevitable, as long as you sell something people want you should be able to survive right? I've actually never downloaded music onto anything... and I don't own and ipod. I'm old skool. The one thing that drove me to tower was that they always had the CD I'd be looking for that Best Buy never had. But the prices were a bit high. Which is why we all go to Best Buy they're cheap. I feel that if Towers prices were just as low we would all buy our music there, and they wouldn't have been bought out. I think the execs had a greedy mindset.
Posted by Brett | October 16, 2006 1:02 AM
are all people who read internet blogs sentimental? who cares about tower records? it's a store. we exchanged cash for goods there. end of story.
Posted by e | October 16, 2006 6:38 AM
I've always enjoyed goiung to Tower. I used to use it as ameeting point. It was a great place wait on someone. I loved everything about it. The people there knew their music. Also it was really wonderful for cruising!!! ;)
I do have to say thought Tower was extremely expense. Over the years I've coverted to on-line shopping, Best Buy and iTunes. Now with the Up To 40% off... Tower for it's last months is the ideal spot for my music buying.
Have A Good Day!
-andy-
Atlanta, Ga
Posted by Andy | October 29, 2006 3:02 PM
I just got the news from a Rastafarian that tower records has gone out of business! I am devastated by this piece of information! I am saddened and shall cry for this is a great piece of Philly's history!
where do we go now?
Why you may ask for my pain & hurt? They are the ones whom would help you find the music you search for, I don't care how long its been nor how rare it is!
You could call Tower records and find out anything your needed concerning music!
Tower records shall be missed by me!
Posted by wifiyah | July 29, 2007 3:01 PM
imiss that place that was my spot in the village i spend lot of time and money in that store thats where you got all the good music youll can,t find any where but on linethese days but i say vigin records in 14 street is a piece of crapp thats way over price 20 bucks a cd give a break and they never have anything good.mybe that will next place to close whos knows
Posted by jose | September 21, 2007 8:09 PM
imiss that place that was my spot in the village i spend lot of time and money in that store thats where you got all the good music youll can,t find any where but on linethese days but i say vigin records in 14 street is a piece of crapp thats way over price 20 bucks a cd give a break and they never have anything good.mybe that will next place to close whos knows
Posted by jose | September 21, 2007 8:09 PM
imiss that place that was my spot in the village i spend lot of time and money in that store thats where you got all the good music youll can,t find any where but on linethese days but i say vigin records in 14 street is a piece of crapp thats way over price 20 bucks a cd give a break and they never have anything good.mybe that will next place to close whos knows
Posted by jose | September 21, 2007 8:09 PM
The new Tower.com has low prices.
Posted by not a spammer | September 21, 2007 8:45 PM
Hey everyone, remember when we used to sit back and watch our friends' rose gardens bloom over a wet willy and a steam roller pack with herb? Chances are, we're a lot more in tune with our emotional well-being than we were back then, but how do we know who to turn to when we need a friend and our own family shuns us for what we believe in? Where do we go for a place of comfort with all these people around us who seem to be honest and helpful to our lives? C'mon people! We need to associate with positive people so we can all get our lives back on track and help our women and children to appreciate what we have to offer this world. Open you eyes America! We can see a brighter future we just have to be open to it in light of the state of the world we live in. Hell, I saw a homeless man yesterday who had the smallest smile in the world but it still made a difference. If we lived on Mars, the gravity wouldn't necessarily give us a happier outlook on life, but the view sure would. Look at all the space to grow herb? They call it peace because we all share a peace of the pie, whether its pizza or fruit.... we can all remember how to share right? Let's also remember how to preserve our planet so the next generation of pickers and grinners can enjoy and look back on our efforts in appreciation, or bluegrass isn't really blue, it's rainbow!
~J.K.
XOXOXO
PS. Support Planned Parenthood and tell Obama to sport a corduroy sometime
Posted by Jimmy Kimmel | August 24, 2009 2:36 AM