According to Video Business, Musicland owner Sun Capital is looking at acquiring Tower Records. Now that the outstanding debt has been reduced by a chapter 11 filing (see 'Tower Files Chapter 11'), the struggling record company is looking like a better buy.
Musicland under its new owners is undertaking a number of steps to differentiate itself from its competitors, according to the article. Those steps include increased DVD inventory in its record stores, increased anime and TV DVDs in Suncoast, and exclusive products based on American Idol and other properties.
