Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

updated 12:49 p.m. PT, Wed., Feb. 3, 2010
NEW YORK - Movie Gallery Inc., owner of the Hollywood Video movie rental chain, has filed for Chapter 11 protection and plans to close 805 stores — about a third of its total.

Its the second trip through bankruptcy court in just three years for Movie Gallery. The company is struggling with competition as more people choose to stream videos online from Netflix Inc. and other services or pick up $1-per-night rentals at Redbox kiosks.

The company, which is based in Wilsonville, Ore., first landed in bankruptcy court in October 2007, unable to sustain the debt it took on in its $850 million acquisition of rival Hollywood Entertainment Corp. in 2005. Movie Gallery agreed to assume about $350 million of Hollywood Entertainment's borrowings as a part of the deal.

Closing Sales are already on in select stores.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

So wait, where in NY are these stores that are closing? Are they in NYC?

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

Looks like a quick search on the Hollywood Video site showed these stores are closing in Middle Tennessee area. This is just within a 30 mile search of me.

HOLLYWOOD VIDEO
241 W NORTHFIELD BLVD
MURFREESBORO, TN 37129

HOLLYWOOD VIDEO
1115 MERCURY BLVD
MURFREESBORO, TN 37130

HOLLYWOOD VIDEO
540 ENON SPRINGS RD E
SMYRNA, TN 37167

HOLLYWOOD VIDEO
2255 MURFREESBORO PIKE
NASHVILLE, TN 37217

HOLLYWOOD VIDEO
1828 N MAIN STREET
SHELBYVILLE, TN 37160

Movie Gallery
5228 Main Street
Building A
Spring Hill, TN 37174

HOLLYWOOD VIDEO
8116 HWY 100
BELLEVUE, TN 37221

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

If you go to:

http://www.hollywoodvideo.com/storelocator.aspx

You can search for stores closing in your area, it will say "Closing Sale - Savings Storewide" if there are any closing.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

The Hollywood Video where I work is closing and hopefully in a couple of weeks the sale prices will be better. They want $9.98 for all of our old rentals. The new releases aren't for sale yet. Hopefully they will come down especially on the older releases that have been rented tons of times.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

There are a few in the surrounding area but nothing close. I would wait to hear of some great sales before I ventured out there.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

So... does this $10 a piece reflect additional sales? I called a local store that is closing, and they said movies marked at $10 are $4.

I've never had a store close like this near me before, so I'm also wondering how long the store can be expected to stay open. I'd like to wait to get better sales if I can.

Edit: It's a 20 minute drive (each way), essentially, so I don't know if I should go yet. At the same time, I don't want the store to close before I even get to see what's available.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

Go to the Movie Gallery website, search by zip code and their list of locations will tell you which stores are closing. Just look for the text in red.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

A number of stores have been selling off their non-New release rental titles for months now. Last year they adopted a new policy where you could rent any non-New Release title for $1 or buy it for $3.99 (in a few stores it was $9.98). I managed to pick up a few used Criterions for $3.99 apiece.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

I went today to the Hollywood Video nearby and got to pick a lot of OOP DVDs for $3.99 each. I'm waiting for the games and BDs to go one sale now.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

My local stores aren't that great yet. $10 for all DVDs, Blus not for sale, and New Releases not for sale. I'll have to keep an eye on it.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

HOLLYWOOD VIDEO
9147 MIDDLEBROOK PIKE
KNOXVILLE, TN 37923
Phone: (865) 692-0255

nice! well.. sucks for the people working there but i been telling my friend who has been working there that they were going to get shutdown because they do NO business and their late fee policy is killing them, i know people who owe hundreds and just pay 1 dollar every time they pay

my question is are the deals active now? if so im heading over there now

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

My local HWV is closing. Don't know how long they have been selling their dvds as they just put up the "Store Closing" banners yesterday, but quite a few movies/games were already gone.

They are asking $4 for dvds & 12.99 for blu-rays. They may have just started selling the blu's as all of their shelves were still quite full.

Also, this store did not have any of the recent releases from within the last month or so.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

Went to one today that was closing... I purchased a few movies at $4 each. Nothing too spectacular. I found a few OOP ones I don't need and picked up to sell in order to offset some of the cost of the $4 ones. It makes it a decent deal I guess. I won't be going back again.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

The ones locally are still $9.98. An employee said they'll start dropping each week. Lots of great films for that price, including Criterion The Blob, Criterion Red Beard, Criterion Throne Of Blood, etc. I picked up:
1. Bride of The Re-Animator (Pioneer - Uncut)
2. MSTK - The Beginning Of The End
3. Night of the Demons.
4. The Blob (Criterion)

Even at $10 each, those are pretty good prices.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

Bastard! Now I have to drive all the way to the nearest closing HV just to not find this!

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

Several stores in my area are closing. I'll have to check out the selection. I'm probably not smart enough to know what is out of print, but I'll still see if I can find any Criterions or other bargains...

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

I know the feeling.
Good luck! I've been to a bunch of Hollywoods and this was the only one that carried episodes.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

Well I just wanted one title that I knew was there and for $10 it's all good.

http://images.dvdtalk.com/covers/met...estoreddvd.jpg

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

I paid fifty for my used copy (off Amazon), scratched. I hope your copy was near-mint.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

I think one store might be around 8 or 9 and the other one was 10.98 a piece last time I checked. I'm not playing with these people though. I went through the Blockbuster store closing and did quite well and prefer the way they did the closings.

Here at the Movie Gallery they have about 500 movies along their wall for rent only. These are some of the titles I want. They did say that eventually they would sell those too.

They are doing different pricing all over the store. Right now it isn't even worth spending the gas to go look. I have my eye on it, but the stock is not anywhere near as good as Blockbuster's stock. The foreign section is awful. I saw Black Book and Timecrimes maybe as for things I want to buy.

Where do they find these people to buy used dvd's at 11 bucks though? There were seriously people in the store buying one or two for 11 dollars. Used dvds? That's nuts. Have these people never heard of the internet or amazon independent sellers? (They weren't buying criterions or oop's)

I won't shop at the Movie Gallery stores until the regular titles are 6 and I probably won't buy until they are 4 or 2. If they are never 4 or 2 then I won't buy anything. I have a used dvd exchange store here that will sell me lots of dvd titles for 4 and some of the more common ones for 2.

I doubt I'll find anything at these store closings. Also, the people are hateful. Did I mention that the pricing was annoying as far as these not being sold over here, but these being sold for this, and those junk dvd's being sold for that?

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

My local store was closing. All used (with the exception of newer titles) are all $10.00. Horrible price for used DVDs. Maybe its ok for some OOP titles but I wont be paying anymore than $5.00 per title. And even then I'll probably only pay $5.00 for newer release and wait to see if some of the older titles drop lower. I was pretty pissed when I paid $5.00 per title at Blockbuster only to have them drop to $3.00 the next day.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

I went yesterday and was trying to figure out the pricing, and what was on sale vs. what wasn't. Very confusing the way things were marked. Picked up a couple of titles for $2.99, but the rest were marked $10.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

Just about every remaining HWV around me in metro Detroit is going away and there weren't many left after the last round of closures. I stocked up at a couple with 10-for-$15 and 10-for-$25 sales at the end. Darn shame for them and their employees.

Re: Hollywood Video/Movie Gallery Bankruptcy-Store Closing Thread-2010
 

It is, but I'm near the Ann Arbor/Ypsilanti area and there were just too many for the area to really care for. I think in their heyday there were about seven in the area, four of which clumped together near the U of M campus. It's like the Starbucks of video rental.