The Wall Street Journal is reporting the immediate death of Movie Gallery and its subsidiaries Hollywood Video and Game Crazy. The once #2 rental company will.
Continue reading...Tuesday, May 4, 2010
Eric Wold, analyst with Merriman Curhan Ford in New York, said there is an average of about 27 Redbox rental kiosks within five miles of a Gallery or Hollywood Video location. By comparison there are three-to-four Redbox kiosks within a ...
Continue reading...Monday, April 19, 2010
The group attributed the fall in rental revenue to the closure of physical stores as Blockbuster Inc. and Movie Gallery Inc. Both companies were struggling in 2009, when DVD mail-subscription service Netflix and kiosk company Redbox ...
Continue reading...Saturday, March 27, 2010
Let's give poor Blockbuster a little break and turn our attention to another failing rental chain, shall we? Movie Gallery, which recently filed for bankruptcy.
Continue reading...Monday, March 1, 2010
With rental stores closing, DVD kiosks , subscriptions see growth LAS CRUCES — In the past two-and-a-half years, three Blockbusters and one Movie Gallery.
Continue reading...Monday, February 8, 2010
Previous Post. e-Play rental kiosks removed from Best Buy , Wal-Mart ... “One of the most significant industrywide factors affecting the company's performance since the 2007 bankruptcy cases has been the cannibalization of rentals by DVD - dispensing kiosks operated by Redbox, which offer low priced rentals and convenience,” said Steve Moore, Movie Gallery's chief restructuring officer, according to court documents. Redbox, which is owned by Coinstar Inc., has more than ...
Continue reading...Monday, February 8, 2010
Tags: bankruptcy, bankruptcy filing, DVD kiosk, kiosk, movie gallery, Redbox This entry was posted on Monday, February 8th, 2010 at 1:34 am and is filed under Business, DVD, streaming. You can follow any responses to this entry through ...
Continue reading...Saturday, January 30, 2010
With no by-mail service, kiosk operation or electronic platform, and saddled with considerable (albeit restructured $600 million) debt, Gallery was doomed by a rapidly changing DVD rental business, according to Michael Pachter, ...
Continue reading...Thursday, September 27, 2007
Costs of operation for the rental chains rose, thus did the price of renting a DVD. Most of the general public would much rather buy the movie for a little more than double what it would cost to rent it, plus not have the hassle of late fees, which was at one time up to ... Movie Gallery keeps telling us they are going to start their own mail service but so far.....nothing. Here in Louisville it's the dvd kiosk at McDonald's and Kroger's that's killing the video stores. ...
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Tuesday, May 4, 2010
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