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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, Oregon.
The company operated 3,290 retail stores, that rent and sell digital versatile discs (DVDs), blu-ray discs and video games before going out of business on July 31, 2010. It operated through three brands including Movie Gallery, Hollywood Video and Game Crazy.
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May 10, 2010 · By Michael Felberbaum. Movie Gallery Inc., the owner of struggling movie rental chain Hollywood Video, is planning to close its remaining stores and liquidate as consumers are increasingly...
Movie Gallery was the second largest movie and game rental company in the United States and Canada, behind Blockbuster Video. It rented and sold Blu-ray Discs, DVDs, VHS tapes, and video games. It was founded in 1985. On April 30, 2010, Movie Gallery announced it was closing and liquidating all of its stores due to a Chapter 7 bankruptcy filing.
Movie Gallery paid $860 million, $13.25 per share, and the assumption of $380 million in debt. Stocks closed at $13.85 on January 10 after this news. Blockbuster then dropped its purchase plans, citing antitrust concerns. Movie Gallery completed its purchase of Hollywood Video on April 27, 2005. [citation needed] Hollywood became a subsidiary ...
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....
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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.