Hard Times Ahead for Small Classical Labels?
Many small classical record labels are facing an uncertain future in the wake of a decision by <A HREF="http://www.towerrecords.com">Tower Records</A> to put three classical distributors on buying hold. News of the decision, and discussions about its ramifications, have circulated on the Internet after an internal memo was leaked on May 1. The memo from company headquarters ordered store buyers at all 113 Tower stores in the US not to purchase from Allegro, Harmonia Mundi, and Qualiton, until receiving further notice. The three distributors represent dozens of small independent jazz and classical recording labels.