News
iTunes ranked as 7th largest U.S. music retailer
Apple’s iTunes Music Store was the seventh-largest music retailer in the U.S. in the third quarter of 2005, according to research from the NPD Group. Based on the number of songs sold, the firm said iTunes is ahead of music giants Tower Records and Borders, but still falls behind Wal-Mart, Best Buy, Target, Amazon.com, FYE and Circuit City. iTunes moved up from 14th spot a year earlier.
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1
I was in a Tower Records this weekend and it was a ghost town. Record stores will be gone within a few years…maybe within a couple.
Posted by Talking Madness in Los Angeles on November 22, 2005 at 2:34 AM (PDT)
2
Tower’s B&Ms; have been running on fumes for a while.
When Tower was up and coming back in the ‘70s, their chief advantages were aggressive pricing and comprehensive selection. When they ‘made it’ and became mainstream they fell in line with the RIAA and the music labels and charged what everyone else charges (e.g., overpriced). And way too many times, the tough-to-find releases they used to be known for having when no one else did are not to be found, even online.
And then Sony went and rootkitted them as well…death to the audio CD (sigh).
Posted by flatline response on November 22, 2005 at 10:40 AM (PDT)