Movie Gallery
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Movie Gallery was a chain of video rental stores. The company was formed in 1985 by Joe Malugen and Harrison Parrish in Dothan, Alabama and there were many locations in the Birmingham area. It went out of business in 2010.
Through its wholly owned subsidiary, M.G.A., the company's founders began operating video specialty stores in southern Alabama and the Florida panhandle, and franchising the Movie Gallery store concept.
- In June 1987, the company owned five stores and had a franchise operation of 45 stores.
- In 1988, the company began to consolidate the franchisees into company owned stores.
- In 1992, the company had a total of 37 stores and annual revenues of $6 million.
- In August 1994, the company completed an initial public offering of its stock and began buying smaller video store chains.
- At the end of 1994, they had 166 video specialty stores in Alabama, Florida, Georgia, Mississippi, Missouri, and Tennessee.