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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 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.
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.
Who are Movie Gallery’s investors? 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?
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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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Loews Cineplex Entertainment, also known as Loews Incorporated, was an American theater chain operating in North America. The company was originally called "Loew's," after the name of its founder, Marcus Loew. In 1969, when the Tisch brothers acquired the company, it became known as "Loews."
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Feb 3, 2010 · Movie Gallery Inc, operator of the Hollywood Video rental chain, filed for bankruptcy for the second time in three years after sales fell and losses mounted, and said it would close 805 U.S....
