Tower Records was a retail music chain based in Sacramento, California. It currently exists as an international franchise and an online music store. From 1960 until 2006, Tower operated retail stores in the United States, which closed when Tower Records filed for bankruptcy and liquidation. Tower.com was purchased by a separate entity and was not affected by the retail store closings. The corporate name was MTS Inc., but this was little-known compared to the much more widely recognized Tower Records.