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Hollywood Entertainment Corp. 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 ...
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 ...
25 Jun, 2010By: Erik Gruenwedel. Joe Malugen. Joe Malugen, co-founder of recently shuttered Movie Gallery and Hollywood Video, is now president and CEO of Movie>Q, an automated rental/retail chain for DVD/Blu-ray Disc movies. Using robot technology and one employee on site, Movie>Q can rent and sell 10,000 to 15,000 DVD and Blu-ray Disc titles ...
Company History: Movie Gallery, Inc., is the nation's third-largest video store operator. The Dothan, Alabama-based company owns over 900 video stores and franchises about 90 more. Movie Gallery stores are located mainly in small towns in rural areas&mdasheas too small to attract video store giants Blockbuster and Hollywood Entertainment.
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 Chapter 7 bankruptcy.
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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Jan 9, 2005 · Movie Gallery shares closed up 95 cents, or almost 5 percent, at $20.02. ... research analyst with Los Angeles-based Wedbush Morgan Securities. ... Hollywood Video has 2,000 Hollywood Video ...
