VIDEO RENTAL STORES CLOSE

Hollywood Video has hit the ‘erase’ button.  The chain of video and game rental stores is closing.  The parent company says video rental stores are no longer profitable.  Industry analysts say Blockbuster may be next.  Hollywood Video still hopes to emerge from Chapter 11 bankrupcy with a new business model.

This entry was posted on Monday, May 3rd, 2010 at 4:23 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.