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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.
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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May 3, 2010 · Movie Gallery owns the Game Crazy and Hollywood Video brands. It was not immediately apparent if the company would also close the over 180 stores it operates in Canada.
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.
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The company, which owns Movie Gallery and Hollywood Video stores, filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Richmond on Tuesday.