Hollywood Entertainment

  1. Movie Gallery Anticipates Slow Quarter

    November 11, 2005 12:00 AM EST Movie Gallery anticipates a soft fourth quarter due to a weakness in popular DVD releases and the maturation of game platforms. Movie Gallery anticipates a soft fourth quarter due to a weakness in popular DVD releases and the maturation of game pl ...

  2. Movie Gallery Lets Go 100 Staffers

    October 28, 2005 12:00 AM EDT Consolidation with Hollywood continues. In its continued consolidation with Hollywood Entertainment, rental chain Movie Gallery will be letting go about 100 employees in an effort to reduce expenses and streamline operations. "Unfortunately, ...

  3. Movie Gallery To Close 51 Game Crazy Stores

    June 23, 2005 12:00 AM EDT Rental chain appoints new executive VP/CFO. Rental chain Movie Gallery, second in size to Blockbuster after recently acquiring Hollywood Entertainment, will be closing 51 of Hollywood's Game Crazy video game stores by the end of this month. A ...

  4. Movie Gallery Names Key Posts

    May 17, 2005 12:00 AM EDT Now that Movie Gallery has completed its acquisition of Hollywood Entertainment, a number of executive changes have been announced. Joe Malugen, the former head of Movie Gallery, is now chairman/CEO/p Now that Movie Gallery has completed its acqui ...

  5. Icahn: Blockbuster Made 'Grave Error' With Hollywood

    April 12, 2005 12:00 AM EDT Famed financier Carl Icahn, the largest individual holder of Blockbuster shares, blasted management at the nation's leading video rental chain for its botched attempt at a hostile takeover of Hollywoo Famed financier Carl Icahn, the largest i ...

  6. Blockbuster Drops Hollywood Bid

    March 29, 2005 12:00 AM EST Blockbuster has backed out of its proposed takeover of Hollywood Entertainment. LOS ANGELES -- Blockbuster has backed out of its proposed takeover of Hollywood Entertainment. In an announcement on March 25, Blockbuster said that its $14.50-per-sha ...

  7. Update:Blockbuster Drops Hollywood Bid

    March 25, 2005 12:00 AM EST Blockbuster has backed out of its proposed takeover of Hollywood Entertainment. Blockbuster has backed out of its proposed takeover of Hollywood Entertainment. In an announcement today (March 25), Blockbuster said that its $14.50 per share offer t ...

  8. Ex-Hollywood CEO Supports B'Buster Bid

    March 23, 2005 12:00 AM EST Wattles looking to buy Hollywood stores. Blockbuster's bid to take over rival rental chain Hollywood Video has gained the support of Hollywood's former CEO, Mark Wattles. In a letter sent Monday (March 21) to Blockbuster and to Hollywood ...

  9. Blockbuster Posts Small Q4 Profit

    March 09, 2005 12:00 AM EST Company extends Hollywood Entertainment bid. Company extends Hollywood Entertainment bid. News ...

  10. Blockbuster Posts Small Q4 Profit

    March 09, 2005 12:00 AM EST Blockbuster Inc. reported today (March 9) that total revenues for the fourth quarter increased 6.3% to $1.72 billion, compared to $1.62 billion in the same period the year before. The company posted a Blockbuster Inc. reported today (March 9) that ...

  11. FTC Wants B'buster Deal Frozen

    March 08, 2005 12:00 AM EST Blockbuster Inc.'s play for rival Hollywood Entertainment was dealt another blow March 4 as the Federal Trade Commission said the video rental giant has provided "insufficient and inaccurate" informat NEW YORK (The Hollywood Reporte ...

  12. Hollywood Entertainment Looks For Q2 Takeover

    March 01, 2005 12:00 AM EST Video rental firm Hollywood Entertainment expects to close a proposed takeover by Movie Gallery during the second quarter, the company said in a proxy statement filed Feb. 22 with the Securities and E NEW YORK (The Hollywood Reporter) -- Video ren ...

  13. Hollywood Ent. Board Rejects Blockbuster

    February 22, 2005 12:00 AM EST Hollywood Entertainment's board of directors unanimously rejected a bid to be acquired by Blockbuster Inc., recommending instead that shareholders approve a merger with rival video store chain Movie G (The Hollywood Reporter) -- Hollywood Ent ...

  14. Hollywood Ent. Reaches Buyout Deal

    October 19, 2004 12:00 AM EDT Shares of Hollywood Entertainment were flying higher Oct. 14 after the nation's second-largest video rental firm said it has agreed to a lower price tag for a buyout by California-based investment fir New York (The Hollywood Reporter) -- Shar ...