Doug is NOT going to like this news.... - Granite Grok

Doug is NOT going to like this news….

With the changes in technology, it was just a matter of time that one of the biggies was going to go belly-up.  The Seattle Times reports:

Tower Records to be liquidated; 3,000 are expected to lose jobs 

WILMINGTON, Del. — After a lengthy auction stretching over two days, a federal bankruptcy judge on Friday approved the sale of California-based Tower Records to Great American Group, which plans to liquidate the music retailer.

After almost 30 hours of what attorneys described as "robust" and "vigorous" bidding, Great American won with an offer of $134.3 million, beating Trans World Entertainment, which had hoped to continue operating at least some Tower stores.

Peter Gurfein, an attorney representing Tower Records, said the company will be sold for an aggregate of $150 million, including the sale of various leases and properties.

Tower Records, which has 89 stores in 20 states and owes creditors about $200 million, filed for Chapter 11 reorganization in August. In its filing, the company said it has been hurt by an industrywide decline in music sales, downloading of online music and competition from big-box stores such as Wal-Mart.

Doug is the ‘Grok’s musical junkie.  I seldom see him in person or on the phone without some type of music in the background (and a lot of times, the adjective "blaring" is appropriate too!).   I only know of one other person (a client of mine who is getting close to a terabyte) that has more music than Doug does .
At least both of them take pride in being able to have a CD to back up every ripped copy. 
Hey Doug, better start laying in those airplane tickets – those CDs are going to be GONE!