Suncoast Motion Picture Company
From Wikipedia, the free encyclopedia
Suncoast Motion Picture Company is an American chain of retail stores specializing in pre-recorded videos, particularly movies but also carries television series. The stores sell them in DVD format. The store also carry various other items, including movie-related posters, toys, collectibles, Japanese manga, CDs, and snacks such as Pocky. Suncoast is a division of Trans World Entertainment.
[edit] History
The first Suncoast store opened in Roseville, Minnesota, in 1986 as Paramount Pictures.
In 1988, the Paramount Pictures stores changed its name to Suncoast Motion Picture Company.
In 1999, Musicland launched websites for Suncoast, Sam Goody, and Media Play.
In 2001, Best Buy purchased Musicland, and in 2003, Sun Capital Partners assumed Musicland's liabilities from Best Buy. It was reported that all Suncoast stores would be closed at the end of 2003, but this did not happen.
In January 2006, The Musicland Group filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York.
In late March 2006, Trans World Entertainment Corp. completed the purchase of nearly all of the assets of, Musicland Holding Corporation, for $104.2 million in cash and $18.1 million in assumed liabilities. Trans World will retain the Suncoast Motion Picture Co. name on about 170 stores.
