EzyDVD
Company type | Subsidiary | |
---|---|---|
Industry | Parent The Kingston Group | |
Website | ezydvd.com.au |
EzyDVD is an Australian specialist home video retailer offering DVD, Blu-ray, and Ultra HD Blu-ray discs for purchase. In the mid-2000s the company had over 70 retail stores around Australia, but is now exclusively an online retailer.
History
EzyDVD was founded in March 1999 by
In 2003 Brazin Limited, owner of Sanity music stores, acquired 50% of EzyDVD.[2] A December 2006 Deloitte report valued Brazin's 50% share of EzyDVD at between $1.4 million and $1.9 million, indicating that the value of 100% of EzyDVD at that time was in the range of $2.8 million to $3.6 million.[3] At some point after 2006 Jim Zavos returned to being the sole shareholder of the company.[4] By 2007 the company was turning over $150 million a year, with online sales making up 15% of that.[1]
In a July 2007 interview, Zavos revealed plans for a very substantial expansion of their brick and mortar outlets to commence that same year. The expansion was to be delivered by converting existing independent video rental stores into franchised EzyDVD stores; these stores would have combined both rental and DVD sales sections and be decked out in EzyDVD livery.[1] In late September 2007, EzyDVD acquired a stake in ASX listed video on demand company ReelTime Media Ltd.[5]
Following a slump in sales, in March 2008 EzyDVD announced it had appointed Barry Taylor as its new
In January 2009, EzyDVD was purchased by the Franchise Entertainment Group (FEG), the parent company of
In July 2017, EzyDVD and all associated rights to operate the EzyDVD website were sold to The Kingston Group, located on the Gold Coast.[12]
Business
EzyDVD website
The EzyDVD website claims to be Australia's largest online DVD store, as well as purportedly being recognised as Australia's #1 DVD destination.
EzyGames
In 2007 EzyDVD launched its online store, EzyGames. The site specialised in video games for PlayStation, PSP, PlayStation 2, PlayStation 3, Xbox 360, Wii, Nintendo DS, and Microsoft Windows. It also sold PlayStation, Xbox, and Nintendo consoles and accessories. EzyDVD customers could use the same user account for both sites.
The EzyGames site was closed in 2009 and video games became available to purchase from the EzyDVD site itself. As of February 2021 video games are no longer available for customers to buy on the EzyDVD website.
References
- ^ a b c d "Fast forward". SmartCompany. Retrieved 22 September 2021.
- ^ "EzyDVD is 50% acquired by Brazin". Telecompaper. Retrieved 22 September 2021.
- ^ "Brazin Limited: Independent Expert's Report (1 December 2006)". Deloitte. Archived from the original (PDF) on 22 September 2021. Retrieved 22 September 2021.
- ^ a b c "More details emerge on EzyDVD collapse as business is put up for sale". SmartCompany. Retrieved 22 September 2021.
- ^ "Ezy DVD bails out ReelTime". SmartCompany. Retrieved 22 September 2021.
- ^ "EzyDownload to succeed where Reeltime failed". CNET. Retrieved 23 September 2021.
- ^ "Tough times take toll on EzyDVD". The Australian. Retrieved 24 December 2008.
- ^ "EzyDVD in receivership after poor sales". CNET. Retrieved 23 September 2021.
- ^ "EzyDVD saved by Franchise Entertainment Group". Franchising. Archived from the original on 10 February 2009. Retrieved 23 January 2009.
- ^ "EzyDVD bought from receivers by Franchise Entertainment Group". smartcompany. Retrieved 23 January 2009.
- ^ "New name, new business opportunities as Stomp becomes Élan Media Partners" (PDF). Élan Media Partners. Archived from the original (PDF) on 17 April 2012. Retrieved 6 October 2010.
- ^ "Australia-wide third-party logistics (3PL)". Retrieved 21 September 2021.
- ^ "EzyDVD Information". Archived from the original on 22 August 2009. Retrieved 6 August 2009.