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- In August 1995, Hollywood Entertainment purchased the 42-store Video Watch chain in the mid-western United States for $59 million (~$108 million in 2023).
en.wikipedia.org/wiki/Hollywood_Video
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 ]
Hollywood was still rapidly opening stores in its bid to someday dominate the video rental marketplace: its 1,000th store was opened in April 1998 in a suburb of Dallas, coincidentally the headquarters of the Viacom-owned rival Blockbuster.
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]
Aug 8, 2008 · Movie Gallery, which owns Hollywood Video, is North America’s second-largest movie rental company. It is selling more than 300 movie rental stores, including a Hollywood Video store in Park...
- The Family Business
- #Savethevideostore
- Pre-Streaming Nostalgia
- Next Act Or Final Credits?
Family Video traces its company historyback to 1946, when Clarence Hoogland founded the distribution business Midstates Appliance & Supply Company, according to the company. A little more than three decades later, when Clarence’s son Charlie was running the company, it became a distributor for the first supplier of videocassettes for Hollywood stud...
Before the chain temporarily shuttered in March along with scores of other retailers, Family Video ironically had one of its best weekends in years. “The first week it was like, ‘Well, okay, we’re going to be quarantined, it might be kind of fun. Let’s pick up three or four movies and popcorn,’” Dye said. After the stores closed, many of the chains...
To some extent, Family Video is tapping into nostalgia for the era when video stores were the dominant channel for at-home viewing. That era had a meteoric rise and fall. An industry, sparked by hobbyists and then led by mom and pop stores at first, was built out of pretty much nothing over the course of a few years, as Josh Greenberg chronicled in...
Family Video faces a demographic challenge that could ultimately pose its biggest existential test. Its average customer is well over 40, Dye said. For younger customers, “without like a real ambassador, like their parents or a relative or even a friend that is older, to say, ‘Let’s go to a store’ — it just probably doesn’t cross your mind,” Dye sa...
- Ben Unglesbee
Oct 30, 2023 · Local video stores started popping up in the early 1980s to meet the demand for movie rentals. Major chains like Blockbuster and Hollywood Video emerged in the mid-1980s and accelerated the trend rapidly.
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The business was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater. [6]
