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Movie Gallery was formed in 1985 by Joe Malugen and Harrison Parrish in Dothan, Alabama. Through its wholly owned subsidiary, M.G.A., the company's founders began operating video specialty stores in southern Alabama and the Florida panhandle, and franchising the Movie Gallery store concept.
MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of Ben Hur. It divested itself of the Loews movie theater chain and, in 1956, expanded into television production.
Movie Gallery also sells merchandise such as new and used video films, video games, and gift items via its web site, www.moviegallery.com. Cofounder, Chairman, and CEO Joseph T. Malugan owns 20 percent of the company; cofounder and President H. Harrison Parrish also owns 20 percent.
Aspen Advisors (New York), B. Riley Financial, Enhanced Capital Partners, Gordon Brothers, and Roark Capital Group have invested in Movie Gallery. When was Movie Gallery acquired? Movie Gallery was acquired on 09-Dec-2010.
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Movie Gallery was formed in 1985 by Joe Malugen and Harrison Parrish in Dothan, Alabama. Through its wholly owned subsidiary, M.G.A., the company's founders began operating video specialty stores in southern Alabama and the Florida panhandle, and franchising the Movie Gallery store concept.
Movie Gallery Inc. owns and operates video stores. The Company sells and rents video cassettes, digital video discs (DVDs), and video games.
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Aug 8, 2008 · The founder of the Movie Gallery chain of video stores has closed on a condo at the Plaza Hotel for $4.47 million, according to city records.
