Russ Solomon, who grew Tower Records into one of the world’s largest record and video retailing chains, has died. He was 92 and passed away at his home in Sacramento, California, of an apparent heart attack on Sunday.
Solomon grew Tower from a section in his father’s Sacramento drug store to a chain that was internationally rec
The chain thrived on massive demand for physical music -- first records and then CDs. Solomon built sprawling mega stores where fans could find everything from pop hits to obscure albums.
But the retailer was soon undermined by dramatic changes in the music industry.
The rise of music sharing sites such as Napster put it under pressure, and the company's debt ballooned. Tower declared bankruptcy in 2004, and was liquidated in 2006.
In 2015, All Things Must Pass: The Rise And Fall of Tower Records was released. It was directed by Colin Hanks and featured Russ as well as former customers like Elton and Bruce Springsteen.