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Hurricanes

Movie Gallery Donates Over $575,000 to American Red Cross for Hurricane Relief

Strategic Insights

— 1 min read

Movie Gallery, Inc. recently announced a total donation in excess of $575,000 to the American Red Cross in support of disaster assistance and humanitarian relief efforts in the Gulf States impacted by hurricanes Katrina and Rita. The company's pledge, which was made on September 1, 2005, was met with an overwhelming response from customers and associates, resulting in donations exceeding $375,000. Ingram Entertainment, Inc., one of Movie Gallery's suppliers, matched the company's corporate donation of $100,000. The funds will have a significant impact on the many people affected by the devastating hurricanes.

Key Takeaways:

  • Movie Gallery, Inc. donated a total of over $575,000 to the American Red Cross for hurricane relief efforts.
  • The company's initial corporate donation was $100,000, which was matched by Ingram Entertainment, Inc.
  • Donations collected from Movie Gallery and Hollywood Video stores exceeded $375,000 between September 1 and September 30, 2005.
  • All 4,800 Movie Gallery and Hollywood Video stores served as donation sites for customers and associates.
  • Movie Gallery's Chairman, President and Chief Executive Officer, Joe Malugen, expressed sincere gratitude for the company's customers, associates, and partners for their support of the American Red Cross Disaster Relief Fund.
  • The company's donation was made in response to the devastating impact of hurricanes Katrina and Rita on the Gulf States.
  • Movie Gallery's total revenue is approximately $2.6 billion, and the company has about 4,800 stores located in all 50 U.S. states, Canada, and Mexico.

Statistics:

  • Total donation by Movie Gallery, Inc. to the American Red Cross: over $575,000.
  • Initial corporate donation by Movie Gallery, Inc.: $100,000.
  • Total donations collected from Movie Gallery and Hollywood Video stores between September 1 and September 30, 2005: $375,000.
  • Number of Movie Gallery and Hollywood Video stores that served as donation sites: 4,800.
  • Number of stores owned by Movie Gallery: approximately 4,800.
  • Annual revenue of Movie Gallery, Inc.: approximately $2.6 billion.

Sources:

  • PRNewswire-FirstCall, "Movie Gallery, Inc. Donates Excess of $575,000 to American Red Cross" (October 13, 2005)
  • Movie Gallery, Inc., http://www.moviegallery.com/

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