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  1. May 10, 2010 · May 10, 2010, 12:34 PM PDT / Source: The Associated Press. By Michael Felberbaum. Movie Gallery Inc., the owner of struggling movie rental chain Hollywood Video, is planning to close its remaining ...

  2. Movie Gallery, Inc. (former NASDAQ ticker symbol MOVI[1]) was the second largest movie and game rental company in the United States and Canada, behind Blockbuster Video. The company rented and sold Blu-ray Discs, DVDs, VHS tapes, and video games. Founded in Dothan, Alabama, the company was headquartered in Dothan, and later in Wilsonville ...

  3. Jun 3, 2010 · The movie rental company had planned to close more than half of its 2,415 U.S.-based stores and focus its financial recovery around a core group of about 500 U.S. stores; but the movie rental industry’s rapid transformation has prevented that from being a viable plan.

  4. Oct 30, 2023 · Movie Gallery. Growing up in the South, Movie Gallery was my personal neighborhood rental store for years. Founded in Dothan, Alabama in 1985, the company rapidly expanded across the Southern U.S. and Midwest, eventually acquiring Hollywood Video. At its peak, Movie Gallery operated over 4,500 stores under brands like Game Crazy and MovieBeam.

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  5. May 4, 2010 · on. May 4, 2010. By. VMSD Staff. Movie Gallery Inc. (Dothan, Ala.), which also operates the Movie Gallery and Hollywood Video chains and game-division Crazy Game, announced it will close all its U.S. stores. In February, the 25-year-old company filed for bankruptcy for the second time in three years as sales continued to drop amid mounting losses.

  6. May 10, 2010 · Annual revenue fell $546.3 million, or 28 percent, to $1.4 billion. In a court filing, Movie Gallery Chief Restructuring Officer Steve Moore said the company was facing looming defaults on its ...

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  8. In addition, movie-watchers have turned to alternatives such as Redbox, a unit of Coinstar Inc. that operates movie-vending machines in grocery stores, among other places. Movie Gallery’s ...

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