Why Hollywood Video failed: New technology and consumer fancy turn out the lights for Hollywood Video. They started showing up on the sidewalks in late winter, right out in front of the stores in Portland, Lake Oswego, Canby, Newberg, Salem, Wilsonville, Keizer and Sandy. High schoolers with headphones and bored expressions; a tall, waving woman in gloves and hat; a gruff guy in blaze orange camo; each one holding or rocking or spinning the same six-foot sign advertising the final days of a Hollywood Video store. The move was hardly a surprising twist considering the turns that both Hollywood Video — founded in Southeast Portland in — and Movie Gallery, the Alabama video rental chain that acquired Hollywood in and moved its headquarters to Wilsonville in , have endured over the past 10 years or so. There have been massive debts, economic swings and management missteps; technological battles and threats of hostile takeovers. Thousands of its more than 19, employees nationwide are expected to lose their jobs, including many Oregonians. In , Hollywood employed 1, in Oregon, but those numbers have declined since Movie Gallery took over. Numerous store closings before and during the first bankruptcy — ultimately more than 1, were closed nationwide — erased an untold number jobs in the state, and in January , more than full-timers were cut from a Wilsonville distribution center.
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Hollywood Entertainment Corp. Nasdaq : HLYW ,  more commonly known as Hollywood Video , was a home video and video game rental shop company started in The chain was the largest direct competitor to Blockbuster Video until it was purchased by Movie Gallery in Hollywood Video ceased operations in May , when Movie Gallery , its parent company, declared Chapter 7 bankruptcy. In October , the HollywoodVideo.
The video, with 4. With a soaring score and high-altitude action shots, the video shows Chinese airmen launching an attack on an island base, resembling US facilities in Diego Garcia and Guam, then returning from the successful sortie. But social media users in China were quick to spot some glaring plot holes. Meanwhile, Taiwan said it scrambled fighters and deployed anti-missile systems on Monday after Chinese military jets entered its air defence zone for the fourth time in five days. Sign in Hi, Sign out. Chinese Air Force received flak in social media for using clips from Hollywood movies in the promotional video for the Chinese Air Force.