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Not to be confused with Hollywood Pictures. Hollywood Entertainment Corp., more commonly known as Hollywood Video, was an American video rental store chain. Founded in 1988, the chain was the largest direct competitor to Blockbuster Video until it was acquired by Movie Gallery in 2005. It ceased operations in 2010, when Movie Gallery declared ...
Hollywood Entertainment Corp., [1] more commonly known as Hollywood Video, was an American video rental store chain. Founded in 1988, the chain was the largest direct competitor to Blockbuster Video until it was acquired by Movie Gallery in 2005. [2] It ceased operations in 2010, when Movie Gallery declared Chapter 7 bankruptcy.
Nov 9, 2020 · Hollywood Entertainment was formed in 1988 by Mark Wattles. Opening its first store in Portland, Oregon, Hollywood Video locations appeared quickly throughou...
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- 1869
- Retail Rewind
Apr 16, 2021 · Family Video. Family Video, founded in 1978, was a rental chain found in both the United States and Canada. Like Movie Gallery, it established itself in mostly rural, suburban, and small-to-mid-size areas since Blockbuster was set up in mostly urban locations. Family Video operated 800 stores at its peak, but when video stores started to lose ...
Wattles took his time expanding over the next few years, as the video rental and sales industry took off reaching $9.8 billion in revenues by 1990. By year-end 1991 with a handful of stores, Hollywood Entertainment Corp. generated $5.1 million, with income of $281,000. The following year, Wattles had a total of 15 operational stores in the ...
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