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Streambank Handling Movie Gallery Liquidation

18 Aug, 2010 By: Chris Tribbey

Consulting firm Streambank, which helped facilitate a portion of Circuit City’s liquidation efforts in 2009, has been retained by Movie Gallery as the exclusive intellectual property sales agent for its assets and that of its subsidiaries.

Oregon-based Gallery began liquidation efforts in May following two bankruptcies and between February and July had posted a loss of $217 million.

Streambank is handling the sale of assets for the Movie Gallery, Hollywood Video and Game Crazy brands, including more than 50 registered trademarks, more than 100 domain names, and extensive customer databases, including names, addresses, emails and purchase  rental histories from as many as 1.5 million consumers. The sale of the datatbases is subject to privacy policy restrictions and bankruptcy court approval.

For more information call 781-444-4940, or email gfried@streambankllc.com or jhazan@streambankllc.com.

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