Friday, May 24, 2019

THE END OF THE VIDEO STORE?

September 30, 2010 by · 1 Comment 

If Netflix, Redbox, iTunes, and video-on-demand have taken a heavy toll on Blockbuster, they are taking an even heavier one on small mom-and-pop video stores, the Wall Street Journal observed today. “Technology,” it observed, “is killing the video-rental store — and a piece of American culture with it.” The newspaper cited a survey by SNL […]

HOLLYWOOD VIDEO FOUNDER JOINS DIGITAL STORE FRANCHISE

June 8, 2010 by · Leave a Comment 

Joe Malugen, a co-founder with Harrison Parrish of the bankrupt and now shuttered Movie Gallery and Hollywood Video rental stores, has joined Point.360, operator of the new Movie>Q rental stores, which replaces most of the usual video store’s employees with robots. Malugen was forced out of the video rental company in 2008. It was not […]

MOVIE GALLERY/HOLLYWOOD VIDEO TO SHUT DOWN

May 3, 2010 by · Leave a Comment 

Video rental chain Movie Gallery Inc., which has been struggling under a burdensome debt load piled on when it acquired Hollywood Video for $1.1 billion in 2005, has reached the point of exhaustion and has decided to shut down all of its stores, the Wall Street Journal reported today (Monday). The newspaper said that employees […]