Movie Gallery
 |
|
| Industry | Retail |
|---|---|
| Fate | Bankruptcy |
| Founded | 1985 |
| Founder | Joe Malugen Harrison Parrish |
| Defunct | 2010 |
| Headquarters | (USA) |
|
Area served
|
US, Canada |
|
Key people
|
Wes Sand COO |
| Products | VHS, DVD, Blu-ray and video game rentals and sales |
| Subsidiaries | Hollywood Video, MovieBeam, Reel.com, VHQ |
| Website | MovieGallery.com |
Movie Gallery, Inc. (former NASDAQ ticker symbol MOVI) 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.
On April 30, 2010, Movie Gallery announced it was closing and liquidating all of its stores per a filing of Chapter 7 bankruptcy. At its peak the firm had about 4,700 stores in North America, operating mainly under the Movie Gallery, Hollywood Video, and Game Crazy brands. The last of the company's stores were closed in August 2010.
In 2011, three Movie Gallery locations in northwest Arkansas reopened by an independent business owner who acquired the trademark rights in Arkansas. In 2013, an independent business man in Jackson, Mississippi acquired the trademark rights in Mississippi to Movie Gallery and Hollywood Video and announced intentions to reopen select previously profitable stores.
Most regular Movie Gallery locations were located in rural areas, while Hollywood Video locations, which competed directly with Blockbuster, were located in urban areas.
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. By June 1987 the company owned five stores and had a franchise operation of 45 stores. In 1988, the company began to consolidate the franchisees into company owned stores. By 1992, The company had a total of 37 stores and annual revenues of $6 million.
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