Home Viewing Update
The battle between HD vs. Blu-ray continues. Meanwhile, a Disney cast-off will shut down its home viewing service.
More after the jump.
Movie Gallery
Video Rental Giant Files For Bankruptcy
Movie Gallery has filed for bankruptcy. It is just too hard to compete with low sale prices at places like Target, Wal-Mart, and Costco, and all of the home delivery systems for movies – and, course, other rental chains. Movie Gallery, the nation’s No. 2 video rental chain, sought Chapter 11 after months of struggling… Read More »Video Rental Giant Files For Bankruptcy
Tough Times For Movie Rental Houses
Movie Gallery is having trouble paying its bills, online services like Amazon continue to expand their downloadable offerings. Blockbuster, which is competing head to head against mail-delivery service Netflix and recently announced plans to close hundreds of brick-and-mortar stores, has benefitted, at least temporarily, from gaining a new CEO. With people able to buy physical… Read More »Tough Times For Movie Rental Houses
Another Video Rental Company Enters the Home
One of the reasons I wrote that most recent column on LaughingPlace.com was to tie together some developments in the business world around Disney, and seemingly peripheral Disney news into the larger context. It was with stories like this in mind.Movie Gallery has announced the acquisition of MovieBeam. Movie Gallery is the second largest U.S.… Read More »Another Video Rental Company Enters the Home