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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 .
In response, Hollywood Video agreed to a buyout on January 10, 2005, by Movie Gallery, a smaller competitor. 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 ...
Media Play – closed and dissolved in 2006; a media superstore (books, music, and video) concept created by Musicland in 1992 [138] [139] Movie Gallery – operated stores under the Hollywood Video, Movie Gallery, and Game Crazy brands; liquidated and closed in 2010 [140] MovieStop (purchased by Hastings Entertainment shortly before bankruptcy)
Blockbuster [5] (formerly called Blockbuster Video) is an American multimedia brand.The business was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater. [6]
Movie Gallery launched a similar store-within-a-store initiative called Game Zone. These stores were developed and implemented for use within Movie Gallery locations while GameCrazy was generally used within Hollywood Video stores. While many locations operated these areas as completely separate brands (i.e.
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The exterior of a video rental store in Austin, Texas (closed in 2020) A display case of DVDs in a former Blockbuster video rental store. A video rental shop/store is a physical retail business that rents home videos such as movies, prerecorded TV shows, video game cartridges/discs and other media content.
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