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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 ]
The Eastman deal contributed another 11 stores to Hollywood's growing ranks, as did a third acquisition the next month, of a ten-outlet Nevada and California chain called Video Park. Hollywood completed a third equity offer of shares in August of that year, netting proceeds of $63.6 million, which went to good use funding an expansion that ...
In 1985, Wattles borrowed money so he could open a 500 square-foot video rental store with 300 films, located in downtown Portland, Oregon. In 1988, Wattles formed Hollywood Entertainment and served as the company's president and chief executive. Hollywood Video stores later opened in Washington, California, Nevada, and Texas. [4]
May Company California can trace its roots to the store that Asher Hamburger and his sons Moses, David and Solomon had established in Los Angeles after their recent move from Sacramento. This store first opened on October 29, 1881, in a 20-by-75-foot room on Main Street near Requena Street and was original known as The People's Store featuring clearly printed "One Price" tags.
Metro Pictures: 1915 – 1925 In 1915 Metro sent a group of filmmakers to Hollywood to establish a West Coast studio, Metro Studios. Along with the legendary light of Los Angeles, these pioneers found open space to build a boutique studio in the heart of Hollywood, surrounded by bungalows and beautiful orange groves.
The current "Big Five" majors (Universal, Paramount, Warner Bros., Disney, and Sony) all originate from film studios that were active during Hollywood's "Golden Age." Four of these were among that original era's "Eight Majors," being that era's original "Big Five" plus its "Little Three," collectively the eight film studios that controlled as much as 96% of the market during the 1930s and 1940s.
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