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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.
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.
- 36K
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. By June 1987 the company owned five stores and had a franchise operation of 45 stores.
Movie Gallery Inc. owns and operates video stores. The Company sells and rents video cassettes, digital video discs (DVDs), and video games.
- 36K
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. More than 15,000...
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Discover the profound impact of digital streaming on the closure of Movie Gallery, as this article explores the changing landscape of the movie rental industry and the rise of convenient online platforms..
