Thursday, October 18, 2007
End of an era?
In an article posted on Bloomberg's website, Movie Gallery, which owns all Movie Gallery and Hollywood Video stores, filled for bankruptcy. This would explain why I have seen some Hollywood Video stores closing. With Netflix and Blockbuster online rentals gaining popularity is this the first of many "brick and morter" stores to bite the dust? I don't think it really matters. The first company to come up with a good way to allow viewing/renting movies delivered over the internet will be the winner!
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