Vancouver — The losses of a video rental chain are turning into gains for a locally owned and operated video store. Vancouver-based Movie Movers has purchased the assets of California-based Reel Video from Movie Gallery, the owner of struggling movie rental chains Movie Gallery and Hollywood Video.
Movie Movers paid $150,000 for more than 100,000 DVDs, Bluray discs, VHS tapes and digital games. The collection includes rare, decades-old movies, from Charlie Chaplin, Buster Keaton and Fritz Lang films to 1980s cult classics such as the “Toxic Avenger,” said Kyle Hansen, owner of Movie Movers. The new collection doubles the company’s inventory, Hansen said. It’s being divided between Movie Movers’ two outlets. Many titles already are on shelves, Hansen said, and “we’re still getting them out of the boxes.”
