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James Robertson

Posts: 29924
Nickname: jarober61
Registered: Jun, 2003

David Buck, Smalltalker at large
Music Industry Changes Posted: Oct 9, 2006 9:27 AM
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This post originated from an RSS feed registered with Agile Buzz by James Robertson.
Original Post: Music Industry Changes
Feed Title: Cincom Smalltalk Blog - Smalltalk with Rants
Feed URL: http://www.cincomsmalltalk.com/rssBlog/rssBlogView.xml
Feed Description: James Robertson comments on Cincom Smalltalk, the Smalltalk development community, and IT trends and issues in general.
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Well, here's a sign of change in the music business: Tower Records is gone:

After a lengthy auction stretching over two days, a federal bankruptcy judge on Friday approved the sale of Sacramento-based Tower Records to Great American Group, which plans to liquidate the music retailer.

I think this is a combination of factors. First, retailers like Target and Wal-Mart started pushing the retail price down. Then, online stores like Amazon made impulse buying easier online. Finally, Apple added the music store, and made instant gratification possible. Left out in the code: old style retailers in thrall to the high prices they had become accustomed to.

On the other hand, I know my wife will miss Tower - she really liked their online store.

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