Global Video


Global Video plc, was a chain of British video rental stores, which ceased trading in June 2006, after administration and renaming itself. Before the company entered administration, it ironically changed its name to Global DVD. Global Video stores were largely concentrated, in both Scotland and the North of England.
After entering administration, Maq Rasul, the chain's founder, decided to give up running the business. In March 2005, Mr. Rasul was ranked in Scotland's Richest Asians, in a survey published by Sunrise Radio. They had some rivals, such as Blockbuster Video, Tesco DVD and LoveFilm. In April 2000, the company announced a major expansion.
Finally, in 2006, after many stock had been sold off, the last store closed, after its last batch of products were sold. The store ceased to trade, and it was the final store in the group. About the closure, Mr Rasul was quoted as saying, "If I see one more Paddy Power franchise in my area, I'll kill everyone in it, and then myself."