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Thursday, 12 October 2017 14:20

How Portland Residents Are Trying To Save One Epic Video Rental Store

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Thanks to the success of DVD by mail services and online streaming, the video store is already largely a thing of the past. However, the city of Portland, Oregon is trying to save one such establishment.

Movie Madness has been in business for 30 years, but now the store is very much in danger of closing down. The man who has run the store since 1991 is getting ready to retire, but rather than sell off the store's massive inventory, he's worked out a deal to sell the store to a local movie theater. Now, they just need to raise the funds via Kickstarter.

Mike Clark, who founded Movie Madness, has decided to retire, but he doesn't want to see the store close. This led him to talks with Portland's Hollywood Theater, a non-profit theater. Clark has agreed to sell the store to the theater for $250,000, which is about half what the store recently appraised for, but now the Hollywood Theater needs to come up with a quarter million dollars. In order to raise the money, the Hollywood Theater has begun a Kickstarter campaign. It's also hosting a series of movie screenings specifically to help raise funds.

Read more at HollywoodReporter

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