Movie Gallery

  1. First Look Buys Blockbuster Unit

    November 15, 2005 12:00 AM EST Video rental chain Blockbuster Inc. is ridding itself of its film acquisition and distribution subsidiary. (The Hollywood Reporter) -- Video rental chain Blockbuster Inc. is ridding itself of its film acquisition and distribution subsidiary. The c ...

  2. 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 ...

  3. 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, ...

  4. Movie Gallery Q3 Revenue Down 9%

    October 11, 2005 12:00 AM EDT Chain claims figures above industry average. Movie Gallery, the No. 2 rental chain, reports today (Oct. 11) that same-store revenues in the third quarter decreased 9% compared to last year. The chain claims that it is performing more favorably tha ...

  5. Report: Home Video Watchers Rampant

    July 25, 2005 12:00 AM EDT The Video Software Dealers Assoc. released a report today (July 25) revealing that more people view the latest movies on home video than on any other medium. The Video Software Dealers Assoc. released a report today (July 25) revealing that more p ...

  6. 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 ...

  7. 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 ...

  8. Movie Gallery Names Key Posts

    May 10, 2005 12:00 AM EDT Now that Movie Gallery has completed its acquisition of Hollywood Entertainment Corporation, a number of executive changes have been announced. Joe Malugen, the former head of Movie Gallery, is now ch Now that Movie Gallery has completed its acqui ...

  9. Movie Gallery Names Key Posts

    May 04, 2005 12:00 AM EDT Now that Movie Gallery has completed its acquisition of Hollywood Entertainment Corporation, a number of executive changes have been announced. Now that Movie Gallery has completed its acquisition of Hollywood Entertainment Corporation, a number o ...

  10. Hollywood Shareholders Approve Movie Gallery Merger

    April 26, 2005 12:00 AM EDT Hollywood Entertainment Corp. announced April 22 that its shareholders have officially approved a merger with fellow rental chain Movie Gallery. LOS ANGELES -- Hollywood Entertainment Corp. announced April 22 that its shareholders have officially ...

  11. Hollywood Approves Movie Gallery Merger

    April 22, 2005 12:00 AM EDT Hollywood Entertainment Corp. announced today (April 22) that its shareholders have officially approved a merger with fellow rental chain Movie Gallery. Hollywood Entertainment Corp. announced today (April 22) that its shareholders have officially ...

  12. 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 ...

  13. 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 ...

  14. 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 ...

  15. 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 ...

  16. Movie Gallery Buying Canada's VHQ

    March 08, 2005 12:00 AM EST Movie Gallery, through its Canadian subsidiary, has made a takeover bid to buy all outstanding shares of VHQ's common stock for $1.15 (Canadian) per share. VHQ owns and operates 61 stores in Alberta, LOS ANGELES -- Movie Gallery, through its ...

  17. 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 ...

  18. FTC Blocks Blockbuster From Hollywood Buy

    March 07, 2005 12:00 AM EST The Federal Trade Commission has filed a motion to bar Blockbuster from pursuing a hostile takeover of Hollywood Video. The Federal Trade Commission has filed a motion to bar Blockbuster from pursuing a hostile takeover of Hollywood Video. Blockbu ...

  19. 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 ...

  20. 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 ...

  21. Hollywood Board Rejects Blockbuster Bid

    February 17, 2005 12:00 AM EST Company wants merger with Movie Gallery. Company wants merger with Movie Gallery. News ...

  22. Hollywood Board Rejects Blockbuster Bid

    February 17, 2005 12:00 AM EST Hollywood Entertainment Corp.'s board of directors today (Feb. 17) rejected Blockbuster's acquisition bid and recommended that shareholders vote in favor of a merger with rental chain Movie Gallery. Hollywood Entertainment Corp.'s b ...

  23. Movie Gallery Gets Regulatory OK For Hollywood

    February 14, 2005 12:00 AM EST Blockbuster amends offer. Movie Gallery appears to be moving closer in its bid to acquire video rental chain Hollywood, while Blockbuster continues to upgrade its rival offer. Movie Gallery said today (Feb. 14) that it has regulatory clearance to ...

  24. Hollywood Mulling Blockbuster Bid

    February 08, 2005 12:00 AM EST Hollywood Entertainment Corp. announced Feb. 3 that it is considering Blockbuster's new acquisition bid. At the same time, Hollywood chairman/CEO Mark Wattles has resigned. LOS ANGELES -- Hollywood Entertainment Corp. announced Feb. 3 that it ...

  25. Hollywood Mulling Blockbuster Bid

    February 03, 2005 12:00 AM EST Hollywood Entertainment Corp. announced today (Feb. 3) that it is considering Blockbuster's new acquisition bid. At the same time, Hollywood chairman/CEO Mark Wattles has resigned. Hollywood Entertainment Corp. announced today (Feb. 3) that i ...

  26. Blockbuster Determined To Go Hollywood

    February 02, 2005 12:00 AM EST Rental chain outbids Movie Gallery. In the continuing battle to acquire video rental chain Hollywood Entertainment Corp., Blockbuster unveiled today (Feb. 2) that it will outbid Movie Gallery's $1.2 billion offer. Blockbuster filed a statemen ...

  27. Blockbuster Still Wants Hollywood

    January 19, 2005 12:00 AM EST Blockbuster says it may still try to acquire video rental company Hollywood Entertainment Corp. Blockbuster says it may still try to acquire video rental company Hollywood Entertainment Corp. In a statement released yesterday (Jan. 18), Blockbuste ...

  28. Blockbuster Steps Up Action To Buy Hollywood

    January 04, 2005 12:00 AM EST Blockbuster Inc. intends to acquire rival rental chain Hollywood by mid-January if it does not obtain cooperation from Hollywood's board of directors, the company said on Dec. 28. It will launch a cas LOS ANGELES -- Blockbuster Inc. intends t ...

  29. Blockbuster Steps Up Action To Buy Hollywood

    December 28, 2004 12:00 AM EST Blockbuster Inc. said today (Dec. 28) that it intends to acquire rival rental chain Hollywood by mid-January if it does not obtain cooperation from Hollywood's board of directors. Blockbuster Inc. said today (Dec. 28) that it intends to acqui ...