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Still no peep from the record retailer on its financial woes, but say this - company officials are sounding upbeat about the future. At least in their press releases. Tower has announced a three-year sponsorship deal of Seattle's Bumbershoot music and arts festival. "Tower Records has embraced and celebrated the Seattle music scene and creative culture," said Russ Eisenman, Chief Marketing Officer of Tower Records. "We are elated to partner with Bumbershoot in bringing first-class recording acts to the Bumbershoot Mainstage."
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.