Video Library (company)

Video Library was a publicly traded video rental shop based in San Diego, California. It had 43 corporate stores from 1979 through 1989 before they were acquired and converted into Blockbuster Video in 1989.

For a video library, see Vidéothèque.

History

Video Library made its initial public stock offering in mid-1985.

Video Library was owned by Founder and President and Chief Executive Barry L. Rosenblatt, Chairman Roy Keith Black, and shareholder Pauline Sussman. As part of the acquisition deal, the three received Blockbuster stock valued at $66.4 million. At the time of the acquisition, Blockbuster Video operated 58 company-owned and franchised Blockbuster Video Superstores.

Video Library reported $11.9 million in revenue for the third quarter of Sept. 1987.

gollark: You mean as in "shows them in search results" or "allows Google Cloud Platform etc. to be used for them"?
gollark: If they don't officially ban everything some people might disagree with, they will run into complaining people and/or lawsuits.
gollark: I have no idea what guns are meant to look like so meh.
gollark: Is that winking? I can't really tell. The picture's pretty small.
gollark: … good for you?
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.