Sunday, October 08, 2006

Tower Records

Driving through Sunset Strip we saw signs that Tower Records was having a clearance sell, everything must go, store closing. A very sad day for music. We went by the store and the sign said something to the extent of "It is the end of the world as we know it."

They already had a for lease sign on front of the video annex store. Looks like the last great music chain has died.

From an article I found online it looks like the Sunset property will be sold for approximately $12M. The property is definitely worth more than the business.

Here is a link to the article

On a positive note this wifi on a plane thing is pretty cool. I'm posting this from halfway over the Pacific on my way to Korea.

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