Hollywood Video Seeks Movie Gallery Merger
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Hollywood Entertainment Corp. said Thursday it has filed documents with the Federal Trade Commission seeking approval of a proposed &#36;850 million merger with Movie Gallery Inc. that would create a larger rival to Blockbuster Inc., the nation's largest video chain.
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Several movie studios choose a side in the battle of DVD formats.
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Megastore joins growing field of providers of digital video download services.
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Hollywood film studios have pledged support for one of the competing formats battling for primacy in the DVD market. The group supporting the HD DVD optical disc format for high-definition video is vying with the rival Blu-ray Disc format .
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Movie Gallery Inc, the second-biggest  U.S. video rental chain, said it filed a reorganization plan in  bankruptcy court, and hopes to emerge from Chapter 11 next  year.
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THE fight over what&#39;s going to replace your DVDs has heated up as three major movie studios announce support for one of two competing next-generation formats.
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A patent application has been filed for  a disc that would play two competing high-definition DVD  formats which, if successful, could help appease a battle that  has divided Hollywood and confounded consumers.
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Blockbuster Inc. has raised its bid for rival movie-rental chain Hollywood Entertainment Corp., launching a hostile cash and stock offer valued at $1.3 billion that it hopes will derail Hollywood's pending sale to Movie Gallery Inc.
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MovieBeam, a spin-off from Disney that became one of the first movie download services, has been acquired by Hollywood Video owner Movie Gallery for under $10 million. That number is a fraction of the $50 million it was recapitalized with last year.
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For several years now, the refrain in the movie industry has been: "We don't want to make the same mistake as the music industry." Hollywood studios, having ventured billions of dollars on their titles, say they can't afford to let customers get used to finding movies via black-market file-sharing.
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12/29/04- Blockbuster is stepping up the pressure in its bid to take over rival video rental chain Hollywood Video. Blockbuster says it will present its $11.50-per-share offer for Hollywood Entertainment directly
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By byron kho. A consortium of movie and record companies joined forces on Friday to request that the US Supreme Court take another look at peer-to-peer file-sharing programs.
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Movie Gallery Inc, the second-biggest U.S. video rental chain, said it filed a reorganization plan in bankruptcy court, and hopes to emerge from Chapter 11 next year.
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Familiar MGM and Sony shows join the lineup from NBC and News Corp. in the newest online video service.
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Two Silicon Valley companies that have already become household names in tech savvy homes are working together to bring movies to the home digitally.
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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of nearly &#36;850 million from smaller rival Movie Gallery Inc. in a deal that would create a stronger challenger to the industry leader, Blockbuster Inc.
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PORTLAND, Ore. Dallas-based Blockbuster Incorporated may have more competition in its bid to acquire Hollywood Video. Billionaire Carl Icahn has jumped into the Hollywood Video takeover fray.