Tuesday, January 11, 2005
Hollywood Video has agreed to be taken over by Movie Gallery. I think this is a good move. They are making money off the deal. They will avoid any appearance of a monopoly. Movie Gallery serves rural and suburban areas, mostly, and stocks alot of independent titles, so they will continue to provide a competitive alternative to Blockbuster. I have a Hollywood Video about .10 mile from my home and a Blockbuster 2 miles away. I was afraid I'd have two Blockbusters. Now I'll still have a choice.