Established in 1960, Tower Records was once a retail powerhouse with 200 stores, in 30 countries, on five continents. From humble beginnings in a small-town drugstore, Tower Records eventually became the heart and soul of the music world, and a powerful force in the music industry. In 1999, Tower Records made an astounding $1 billion. In 2006, the company filed for bankruptcy. What went wrong? Everyone thinks they know what killed Tower Records: The Internet. But that's not the story.
Directed by Colin Hanks, and featuring music icons like Dave Grohl, Elton John and Bruce Springsteen, All Things Must Pass is a feature documentary film examining this iconic company's explosive trajectory, tragic demise, and legacy forged by its rebellious founder Russ Solomon. For seven years, Hanks took on the documentary that lamented and celebrated the Sacramento-based record store that grew from his hometown into an American retail powerhouse.
"I remember buying 'Blood Sugar Sex Magik' by the Red Hot Chili Peppers. It was the informative record for me on my musical path, which I bought at Tower Records," he said.
Variety validated the efforts of Hanks saying the film was "soundly constructed, briskly paced and, in the end, affectingly wistful."