Hollywood Video, 21 N. Columbia Ave., in Milton-Freewater is closing as part of a bankruptcy reorganization by parent company Movie Gallery Inc., according to the corporation's Web site.
The local store opened in 2003 and is one of about 760 Movie Gallery, Hollywood Video and Game Crazy stores across the country slated for immediate closure.
"We are closing these because they are not profitable and because funds from liquidating them can help us moving forward," the company said on its Web site.
Details of the liquidation plan were not available. A local operator at the Milton-Freewater store said he could not comment on the liquidation process. According to a voice mail message on Movie Gallery's media line the company is remaining quiet about the restructuring.