verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . july 2016 learn how and when to remove this template message hollywood entertainment former type public industry retail fate bankruptcy founded 1988 defunct 2010 headquarters wilsonville oregon products vhs dvd blu ray and video game rentals and sales parent movie gallery subsidiaries hollywood entertainment gamecrazy website official website a typical hollywood video store in 2007 . hollywood video in 2009 with attached game crazy location . hollywood entertainment corporation nasdaq hlyw 1 known as hollywood video was a home video and video game rental shop company started in 1988 . the chain was the largest direct competitor to blockbuster video until it was purchased by movie gallery in 2005 . 2 hollywood video ceased operations in may 2010 when movie gallery its parent company declared chapter 7 bankruptcy . 3 its last us store closed its doors on july 31 2010 whereas the last one in canada closed on august 8 of that year . as of late 2011 the hollywoodvideo.com site had been relaunched as a blog . contents 1 history 1.1 20th century 1.2 21st century 2 headquarters 3 see also 4 references 5 external links history edit 20th century edit in 1993 hollywood which operated 16 stores became a public company . in 1996 hollywood decided to establish three regional offices with one each in greater chicago greater houston and the san francisco bay area . 4 in july 1998 ceo mark wattles announced hollywood had purchased reel.com in a deal valued at 100 million which included 30 million in cash to reel s stockholders ; reel.com was to continue operating independently and still led by its ceo julie wainwright . 5 21st century edit this section needs expansion . you can help by adding to it . april 2012 hollywood video was the target of a hostile takeover attempt initially announced at the end of december 2004 by competitor blockbuster video . in february 2005 blockbuster announced an exchange offer of 14.50 per share 11.50 cash and 3.00 in blockbuster shares . in response hollywood video agreed to a buyout on monday january 10 2005 by movie gallery a smaller competitor . movie gallery paid 860 million 13.25 per share and the assumption of 380 million in debt . stocks closed at 13.85 on january 10 after this news . blockbuster then dropped its purchase plans citing anti trust concerns . movie gallery completed its purchase of hollywood video on april 27 2005 . citation needed hollywood became a subsidiary of movie gallery and maintained its oregon headquarters . 6 in december 2011 the website hollywoodvideo.com was relaunched as a movie news curator blog . the site used an automated social scoring algorithm to link to articles on the web pertaining to movies and other entertainment media content . 7 the site also contained a blog written by a single editor that was later expanded to multiple editors about current movie related news . as of april 2013 the social scoring algorithm part of the site was removed and replaced with the blog . 8 the website also contained an interface for searching and buying movies from amazon.com from within the hollywood video site . headquarters edit this section contains information of unclear or questionable importance or relevance to the article s subject matter . please help improve this article by clarifying or removing superfluous information . april 2012 at one time hollywood video was headquartered in beaverton oregon in an 85 000 square foot 7 900 m2 office building . in 1996 hollywood moved its employees out of the building two years into its five year lease . in 1996 poorman douglas corp agreed to occupy all of the space in the beaverton building relieving hollywood of extra rent payments . 9 after hollywood decided to leave beaverton it signed a long term lease for a 166 000 square feet 15 400 m2 building in wilsonville oregon . robert goldfield of the portland business journal said that hollywood video barely took occupancy of the structure ; then mark wattles the chief executive decided to move the offices and the hollywood video headquarters to the former smith s home furnishings headquarters in wilsonville . 9 in 1996 170 full time employees worked from the headquarters . 4 the 173 000 square feet 16 100 m2 smith s headquarters facility was no longer occupied by october 1998 ; as of that month the space was for lease . hollywood s nasdaq trading became no longer active . in early october 2014 it became a chrysler jeep dodge ram dealership which is owned and operated by henderson nevada based findlay automotive group who named the dealership findlay chrysler jeep dodge ram wilsonville . 1 in 1997 when hollywood was considering a new headquarters location the city of wilsonville had signage codes that did not allow companies to use neon . the codes made hollywood consider using other locations . members of the city of wilsonville s development review boards said that neon was out of character for the wilsonville business park hollywood video s prospective location . 10 in january 1999 trammell crow co. bought the 77 acres 31 ha thrifty payless inc. headquarters for 25.5 million and then broke the compound into sections selling pieces of it for a total of 22 million ; trammell crow retained control of the 8 million 120 000 square foot 11 000 m2 headquarters building . hollywood leased the headquarters building 11 and hollywood remained headquartered in wilsonville . 12 see also edit list of companies based in oregon blockbuster llc references edit a b miller brian k. listed industrial space in area is now plentiful . portland business journal . friday october 16 1998 by mark wattles . retrieved on september 26 2010 . new york times spector mike ; lattman peter may 3 2010 . hollywood video closes doors . wall street journal . retrieved 2012 03 30 . a b rose michael . hollywood video expansion includes three regional offices . portland business journal . sunday june 23 1996 . retrieved on september 26 2010 . pelline jeff july 31 1998 . reel.com goes hollywood . cnet news . archived from the original on 2000 01 21 . movie gallery completes hollywood acquisition . portland business journal . thursday april 28 2005 . retrieved on september 26 2010 . about the new hollywood video . the new hollywood video . retrieved 2015 12 28 . the new hollywood video an entertainment news curator . 2013 04 07 . archived from the original on april 7 2013 . retrieved 2015 12 28 . a b goldfield robert . poorman douglas swallows up hollywood s beaverton space . portland business journal . sunday october 6 1996 . retrieved on september 26 2010 . binole gina . hollywood sign imbroglio no neon no headquarters . portland business journal . friday august 29 1997 . retrieved on september 26 2010 . miller brian . there was never a dull moment in real estate . portland business journal . friday january 1 1999 . 1 . retrieved on september 26 2010 . contact us . hollywood video . june 11 2004 . retrieved on september 25 2010 . hollywood entertainment corporation 9275 sw peyton lane wilsonville or 97070 . external links edit media related to hollywood video at wikimedia commons v t e video rental shops brick and mortar chain stores civic video culture convenience club family video jumbo video le superclub vid otron video ezy dvd by mail gameaccess.ca netflix redbox kiosks xtra vision xtra vision xpress best buy redbox streaming media blackberry world cinemanow google play movies itunes store movies & tv netflix defunct video rental chains xtra vision avenue video blockbuster still open as a franchise name movie gallery hollywood video ritz video rogers plus video city video library west coast video former video rental chains playdium movie magic videoflicks v t e companies formerly based in oregon moved out of state georgia pacific integra telecom 2014 jeld wen 2015 louisiana pacific acquired by out of state entities camera world 1997 cascade microtech 2016 fred meyer freightliner harry & david 2014 j. k. gill lacrosse footwear 2012 mathstar 2010 mccormick & schmick s 2012 meier & frank merix 2010 oregon steel mills planar systems 2015 sawyer s 1966 sequent computer systems stancorp financial 2016 tektronix 2007 u.s. bancorp west coast bank 2012 willamette industries 2002 defunct or out of business consolidated freightways emporium 2003 evergreen international aviation floating point systems g.i. joe s 2009 hollywood video 2010 sprouse reitz 1994 white stag manufacturing retrieved from https en.wikipedia.org w index.php title hollywood video & oldid 737572472 categories home video companies of the united statesvideo rental servicesdefunct retail companies of the united statesdefunct companies based in oregonamerican companies established in 1988entertainment companies established in 1988companies disestablished in 2010companies that have filed for chapter 7 bankruptcycompanies based in wilsonville oregoncompanies based in beaverton oregon1988 establishments in oregon2010 disestablishments in oregonhidden categories articles needing additional references from july 2016all articles needing additional referencesarticles to be expanded from april 2012all articles to be expandedarticles using small message boxesall articles with unsourced statementsarticles with unsourced statements from september 2010commons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages svenska edit links this page was last modified on 3 september 2016 at 18 27 . text is available under the creative commons attribution sharealike license ; 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