Jumbo Video
Encyclopedia
Jumbo Video is a Canadian
chain of franchised and corporate video stores, owned by Le SuperClub Vidéotron
, a division of Quebecor Media Inc.
Originally an independent company, Jumbo Video is now essentially the English Canada
brand of SuperClub, Quebec
's dominant video rental chain, and the two brands now share similar marketing.
The company was founded in May 1987 and at one point claimed to be the third-largest player in the Canadian video rental industry. The video game subsidiary Microplay
was founded in the late 1990s in order to facilitate the rentals of video games. In 2004, due to financial issues that had been prevalent for many years, the assets of the chain were purchased by Quebecor Media. This resulted in the re-branding of the stores with the current logo.
As of early 2011, the Jumbo Video banner consists of 25 stores, some co-located with Microplay. A plurality of locations are in Ontario
(11), but the highest per-capita concentration is in Newfoundland and Labrador
(7 locations).
The chain was previously publicly traded as a company called Jumbo Entertainment Inc. After selling its assets to Quebecor, the remaining shell company agreed to a reverse takeover
by clothing retailer West 49
.
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
chain of franchised and corporate video stores, owned by Le SuperClub Vidéotron
Le SuperClub Vidéotron
Le SuperClub Vidéotron Ltée, which includes the Jumbo Video and Microplay chains, is one of the largest video store chain operators in Canada, particularly in Quebec. It is owned by Quebecor Media Inc....
, a division of Quebecor Media Inc.
Quebecor Media Inc.
Quebecor Media Inc. is a Canadian media company. Quebecor Inc. owns the controlling interest with 54.72% while CDP Capital d’Amérique Investissements Inc. owns the remaining 45.28%...
Originally an independent company, Jumbo Video is now essentially the English Canada
English Canada
English Canada is a term used to describe one of the following:# English-speaking Canadians, as opposed to French-speaking Canadians. It is employed when comparing English- and French-language literature, media, or art...
brand of SuperClub, Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....
's dominant video rental chain, and the two brands now share similar marketing.
The company was founded in May 1987 and at one point claimed to be the third-largest player in the Canadian video rental industry. The video game subsidiary Microplay
Microplay
Microplay can refer to:*Microplay Software, a defunct video game label by MicroProse*Microplay video chain, a Canadian video store chain whose parent, Le SuperClub Vidéotron, includes the Jumbo Video chain...
was founded in the late 1990s in order to facilitate the rentals of video games. In 2004, due to financial issues that had been prevalent for many years, the assets of the chain were purchased by Quebecor Media. This resulted in the re-branding of the stores with the current logo.
As of early 2011, the Jumbo Video banner consists of 25 stores, some co-located with Microplay. A plurality of locations are in Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....
(11), but the highest per-capita concentration is in Newfoundland and Labrador
Newfoundland and Labrador
Newfoundland and Labrador is the easternmost province of Canada. Situated in the country's Atlantic region, it incorporates the island of Newfoundland and mainland Labrador with a combined area of . As of April 2011, the province's estimated population is 508,400...
(7 locations).
The chain was previously publicly traded as a company called Jumbo Entertainment Inc. After selling its assets to Quebecor, the remaining shell company agreed to a reverse takeover
Reverse takeover
A reverse takeover or reverse merger is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public...
by clothing retailer West 49
West 49
West 49 Inc., is a Canadian specialty retailer of fashion and apparel, footwear, accessories and equipment related to the youth action sports lifestyle. West 49 was established in 1995 by C.E.O. Sam Baio. The retailer operates more than 130 stores across the country...
.