Skip to main content

Russ Solomon, Founder of Tower Records, Dies at 92

Russ Solomon, who pioneered the superstore hangout for music lovers by founding Tower Records and expanded it worldwide before internet pirates and crushing debts rendered the chain obsolete and bankrupt, died on Sunday night at his home in Sacramento. He was 92.

His son Michael confirmed the death.

A high school dropout who sold used jukebox records at 16 in his father’s drugstore in Sacramento, Mr. Solomon was the driving force behind a sprawling enterprise that began with one store in that city in 1960 and grew into a dominant competitor in music retailing with nearly 200 stores in 15 countries. Sales of recorded music, videos and books eventually topped $1 billion a year.

With marketing instincts that even rivals and critics called ingenious, Mr. Solomon built megastores, som


Source :- nytimes

Comments

Popular posts from this blog

We're open to work with Britain over incident involving ex-agent

The Kremlin said on Tuesday it was ready to cooperate if Britain asks it for help investigating an incident involving a former Russian double agent who fell ill after exposure to an unknown substance. Sergei Skripal, once a colonel in Russia's GRU military intelligence service, was critically ill in hospital on Tuesday after he was exposed to an unidentified substance in southern England. "Nobody has approached us with such a request," Kremlin spokesman Dmitry Peskov told a conference call with reporters, when asked if the British authorities had been in touch seeking help. "Moscow is always open for cooperation." When asked to respond to British media speculation that Russia had poisoned Skripal, Peskov said: "It didn't take them long." Calling the incident "a tragic situation," he said the Kremlin did not have information about what had happened. Source :- yahoonews

Key players recall 1968 Polish student revolt, ensuing anti-Semitism

In March 1968, a student revolt crushed by Poland's baton-wielding police was used as a pretext for an anti-Semitic purge by the communist regime. It began when the communists banned the 19th-century play "Forefathers' Eve" by poet Adam Mickiewicz claiming it had anti-Russian elements. Two students who contested the ban were expelled from the University of Warsaw, prompting their peers to stage a demonstration on March 8. Backed by other civil groups, particularly workers unhappy with daily life under communism, the pro-democracy protests spread to other cities. The regime used the student revolt as an excuse to unleash an anti-Semitic campaign that was rooted in a settling of scores inside the Communist Party, which was split into two camps. Source :- yahoonews

What Is an Investment?

 One reason numerous individuals come up short, even woefully, in the round of contributing is that they play it without understanding the principles that direct it.   homepage    It is an undeniable truth that you can't dominate a match in the event that you abuse its guidelines. Notwithstanding, you should know the guidelines before you will actually want to try not to abuse them. Another explanation individuals fall flat in contributing is that they play the game without understanding what is the issue here. This is the reason it is imperative to expose the significance of the term, 'venture'. What is a speculation? A venture is a pay creating significant. It is vital that you observe each word in the definition since they are significant in understanding the genuine importance of speculation.  From the definition above, there are two key highlights of a venture.  here Each belonging, having a place or property (of yours) should fulfill the two condition...