Video Business: Weekly E-News Summary

The Weinstein Co. is continuing to release its films with “sale only” warning messages, including last week’s Come Early Morning. Full Story

https://www.videobusinesss.com/eNewsletter/CA6427498/2705.html

Video Business: Weekly E-News Summary

With all eyes trained on Blockbuster’s possible acquisition of Movielink, Movie Gallery unexpectedly acquired substantially all of the assets, technology and operations of MovieBeam, a near-on-demand movie service owned by Walt Disney Co.

https://www.videobusinesss.com/eNewsletter/CA6423266/2705.html

Movie Gallery reorganization plan confirmed by Court

APRIL 10 | The U.S. Bankruptcy Court in Richmond, Va., has confirmed Movie Gallery's reorganization plan. The company expects to emerge from bankruptcy this quarter.

https://www.videobusinesss.com/article/CA6550307.html?

Video Business: Weekly E-News Summary

After a year of dabbling in specialty DVD, venti coffee seller Starbucks has begun stocking new release discs across the chain. The retailer is selling Sony Pictures Home Entertainment’s The Pursuit of Happyness and Warner Home Video’s Happy Feet, both of which streeted March 27.

https://www.videobusinesss.com/eNewsletter/CA6437732/2705.html

IRS withdraws objection to Movie Gallery reorganization

APRIL 8 | The Internal Revenue Service has withdrawn its objection to Movie Gallery’s reorganization plan, helping to pave the way for the plan to be confirmed April 9.

https://www.videobusinesss.com/article/CA6548936.html?

Video Business: Weekly E-News Summary

After reporting a $14.9 million net loss for the first quarter, Movie Gallery chairman, president and CEO Joe Malugen outlined some details of his company’s coming online mail-order and digital delivery plans, which he said would fall under the name “True Choice.” Full Story

https://www.videobusinesss.com/eNewsletter/CA6441586/2705.html

Movie Gallery creditors approve reorganization plan

APRIL 7 | More than 90% of Movie Gallery's 1,500 creditors voted to approve of the chain's reorganization plan.

https://www.videobusinesss.com/article/CA6548538.html?

Analyst upgrades Netflix stock on Movie Gallery woes

OCT. 15 | Netflix is benefiting from the misfortune of Movie Gallery after an outspoken analyst upgraded the online DVD rental company to “buy” based solely on the demise of its bricks-and-mortar rival.

https://www.videobusinesss.com/article/CA6491510.html?q=

Higgins extends deadline to take Trans World private

APRIL 4 | Trans World Entertainment CEO Robert Higgins has re-confirmed his desire to the take the retail chain private, extending the deadline to May 31 in order to get approvals for the transaction.

https://www.videobusinesss.com/article/CA6548159.html?

Movie Gallery stock to be delisted by Nasdaq

The company received notice from the Nasdaq Stock Market that its stock would be delisted because of the company's bankruptcy, announced Oct. 16, and other problems in meeting listing requirements. The company's common stock will be suspended Oct.

https://www.videobusinesss.com/article/CA6492632.html?q=%2C+&q=%2C+&q=%2C+&q=&q=