|
Video Update
Video Update was an American chain of movie rental stores. Founded in Minnesota in 1982, the company remained small until after going public in 1994, when it began expanding aggressively, primarily by acquisitions. The last of these, a 1998 merger with the South Carolina–based Moovies chain, made the company the third-largest in the video rental space behind Blockbuster and Hollywood Video, at one point boasting more than 700 stores. It also saddled the company with debt and created management problems just as the industry experienced a downturn. A wave of closures and payment difficulties with vendors and lenders led to a Chapter 11 bankruptcy filing in 2000 and a purchase of its U.S. and Canadian stores by Movie Gallery the next year. The name survived on at least one franchised store until 2012. Early years and rapid growth Video Update was founded in St. Paul, Minnesota, in 1982, by Daniel Potter and John Bedard. Potter and Bedard, who met in law school and shared a love o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Movie Gallery
Movie Gallery, Inc. was an American movie and game rental company based in Wilsonville, Oregon. With a total of 4,749 stores at its peak, it was the second largest video retailer in the United States and Canada, behind Blockbuster Video. The company rented and sold Blu-ray Discs, DVDs, VHS tapes, and video games. Initially founded in Dothan, Alabama by Joe Malugen and Harrison Parrish, the company moved its headquarters to Wilsonville in 2009. On April 30, 2010, Movie Gallery announced it was closing and liquidating all of its stores per a filing of Chapter 7 bankruptcy. At the time of the company's bankruptcy, the company had approximately 2,500 stores in North America, operating under the Movie Gallery, Hollywood Video, and GameCrazy brands. The last of the company's stores were closed in August 2010. In 2011, three Movie Gallery locations in Northwest Arkansas reopened by an independent business owner who acquired the trademark rights in Arkansas. In 2013, an independe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Financial Officer
A chief financial officer (CFO) is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances; i.a.: financial planning, management of financial risks, record-keeping, and financial reporting, and, increasingly, the analysis of data. The CFO thus has ultimate authority over the finance unit and is the chief financial spokesperson for the organization. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO, and FD is the level before reaching CFO. Legal requirement The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Video Rental Services
Video is an electronic medium for the recording, copying, playback, broadcasting, and display of moving visual media. Video was first developed for mechanical television systems, which were quickly replaced by cathode-ray tube (CRT) systems, which, in turn, were replaced by flat-panel displays of several types. Video systems vary in display resolution, aspect ratio, refresh rate, color capabilities, and other qualities. Analog and digital variants exist and can be carried on a variety of media, including radio broadcasts, magnetic tape, optical discs, computer files, and network streaming. Etymology The word ''video'' comes from the Latin verb ''video,'' meaning to see or ''videre''. And as a noun, "that which is displayed on a (television) screen," History Analog video Video developed from facsimile systems developed in the mid-19th century. Early mechanical video scanners, such as the Nipkow disk, were patented as early as 1884, however, it took several decades ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eagan, Minnesota
Eagan ( ) is a city in Dakota County, Minnesota, United States. It is south of Saint Paul, Minnesota, Saint Paul and lies on the south bank of the Minnesota River, upstream from its confluence with the Mississippi River. Eagan and the other nearby suburbs form the southern section of the Minneapolis–Saint Paul area. Eagan's population was 68,855 at the 2020 United States census, 2020 census. The city was home to the headquarters of Northwest Airlines (now Delta Air Lines). History Eagan was named for Patrick Eagan, who was the first chairman of the town board of supervisors. He farmed a parcel of land near the present-day town hall. Eagan (born 1811) and his wife Margaret Twohy (born 1816) emigrated from County Tipperary, Ireland to Troy, New York, where they married in 1843. They arrived in Mendota, Minnesota, Mendota ''circa'' 1853–54, before settling in the Eagan area. Eagan was settled as an Irish farming community and "Onion Capital of the United States". Its largest g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virginia Peninsula
The Virginia Peninsula is the natural landform located in southeast Virginia outlined by the York River, James River, Hampton Roads and Chesapeake Bay. It is sometimes known as the ''Lower Peninsula'' to distinguish it from two other peninsulas to the north, the Middle Peninsula and the Northern Neck. It is the site of historic Jamestown, founded in 1607 as the first English settlement in North America. Geographically located at the northwestern reaches, Charles City and New Kent counties are part of the Virginia Peninsula. In the 21st century, they are also considered part of the Richmond–Petersburg region. The rest of the Virginia Peninsula is all part of the Virginia Beach–Norfolk–Newport News, VA–NC MSA ( metropolitan statistical area) with a population of about 1.8 million. The Hampton Roads MSA is the common name for the metropolitan area that surrounds the body of water of the same name. It is the seventh-largest metropolitan area in the Southeast an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unjust Enrichment
Restitution and unjust enrichment is the field of law relating to gains-based recovery. In contrast with damages (the law of compensation), restitution is a claim or remedy requiring a defendant to give up benefits wrongfully obtained. Liability for restitution is primarily governed by the "principle of unjust enrichment": A person who has been unjustly enriched at the expense of another is required to make restitution. This principle derives from late Roman law, as stated in the Latin maxim attributed to Sextus Pomponius, ''Jure naturae aequum est neminem cum alterius detrimentum et injuria fieri locupletiorem'' ("By natural law it is just that no one should be enriched by another's loss or injury"). In civil law systems, it is also referred to as enrichment without cause or unjustified enrichment. In pre-modern English common law, restitutionary claims were often brought in an action for '' assumpsit'' and later in a claim for money had and received. The seminal case giving ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Paribas
BNP Paribas (; sometimes referred to as BNPP or BNP) is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial institutions, Banque Nationale de Paris (BNP) and Paribas. It also incorporates many other major institutions through successive acquisitions, including Fortis Bank in Belgium, Direkt Anlage Bank in Germany, Banca Nazionale del Lavoro in Italy, Banque Générale du Luxembourg in Luxembourg, and Türk Ekonomi Bankası in Turkey. The group has also been present in the United States through its subsidiaries Bank of the West until 2023 and First Hawaiian Bank until 2019. With 190,000 employees, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS); Investment & Protection Services (IPS); and Corporate & Institutional Banking (CIB). BNP Paribas is listed on Euronext Paris and is a component of the Euro St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warner Home Video
Warner Bros. Discovery Home Entertainment, Inc. (doing business as Warner Bros. Home Entertainment; formerly known as Warner Home Video and WCI Home Video and sometimes credited as Warner Home Entertainment) is the American home video distribution division of Warner Bros. Discovery. It was founded in 1978 as WCI Home Video (as a division of Warner Communications, Inc.). The company launched in the United States with twenty films on Betamax and VHS videocassettes in late 1979. The company later expanded its line to include additional titles throughout 1979 and 1980. It is responsible for distributing the film and television library of Warner Bros. Discovery and other companies on various home media formats, such as DVD, Blu-ray, Ultra HD Blu-ray, digital, and streaming platforms. Some of the companies that Warner Bros. Home Entertainment distributes include Max, Warner Bros. ( Warner Bros. Pictures, Warner Bros. Pictures Animation, Warner Bros. Television Studios, Warner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ingram Entertainment
Ingram Entertainment Inc. was an American distributor of home entertainment products, like DVDs, audiobooks, video game software and hardware. Ingram Entertainment Inc, was at one time the nation's largest distributor of DVD software. History The company had 14 locations in the United States and offer services to video game stores, video game and electronic stores, supermarkets, drugstores, and internet retailers. Ingram Entertainment Holdings Inc. had total revenues of $616 million in 2010 processing approximately 100 million units of DVD and video game software. The company had an affiliate: video distributor Monarch Home Video. Assets On January 11, 2019, Ingram purchased the music & video retail sales division and assets of Charlotte, North Carolina, based book distributor Baker & Taylor. Terms of the deal were not disclosed. Monarch Home Entertainment was created in 1989 by Ingram Entertainment. Ingram Entertainment sold beverage distributor DBI Beverage to Reyes Beverag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deloitte Touche
Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along with EY, KPMG, and PwC. The Deloitte network is composed of member firms of Deloitte Touche Tohmatsu Limited ( ) a private company limited by guarantee incorporated in England and Wales. The firm was founded by accountant William Welch Deloitte in London, England in 1845 and expanded into the United States in 1890. It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972 and with Touche Ross in the US to form Deloitte & Touche in 1989. In 1993, the international firm was renamed Deloitte Touche Tohmatsu, later abbreviated to Deloitte. In 2002, Arthur Andersen's practice in the UK as well as several of that firm's practices in Europe and North and South America agreed to merge with Deloitte. Subsequent acquisitions have include ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Going Concern
A going concern is an accounting term for a business that is assumed will meet its financial obligations when they become due. It functions without the threat of liquidation for the foreseeable future, which is usually regarded as at least the next 12 months or the specified accounting period (the longer of the two). The presumption of going concern for the business implies the basic declaration of intention to keep operating its activities at least for the next year, which is a basic assumption for preparing financial statements that comprehend the conceptual framework of the IFRS. Hence, a declaration of going concern means that the business has neither the intention nor the need to liquidate or to materially curtail the scale of its operations. Continuation of an entity as a going concern is presumed as the basis for financial reporting unless and until the entity's liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fleet Bank
FleetBoston Financial was a Boston, Massachusetts–based bank created in 1999 by the merger of Fleet Financial Group and BankBoston. In 2004 it merged with Bank of America; all of its banks and branches were converted to Bank of America. History Fleet's oldest predecessor was The Massachusetts Bank founded in 1784. The Massachusetts Bank was the first federally chartered joint-stock owned bank in the United States and only the second bank to receive a charter in the United States. The bank's charter was signed by John Hancock and among its early account holders were such notable figures as Paul Revere, Samuel Adams, John Hancock and Henry Knox. The bank's founders were largely made up of merchants who wanted to use a U.S., rather than British bank to send money abroad. It was first headquartered at the old Manufactory House, near Boston Common. The bank was the only bank in the city of Boston until the Union Bank (later the Bank of New England) was founded in 1792. This bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
