Two years after a successful Kickstarter campaign and a pivot to nonprofit status aimed at keeping its doors open, the curtain has closed on a Fan institution.
Video Fan, a movie rental shop at 403 Strawberry St., has closed after 31 years in business. The shop announced the closing Monday.
“Friends, we’re sorry to announce the Video Fan is closing, effective immediately. We can no longer sustain the business in its current location,” the company wrote on its Facebook page.
After facing closure in 2014, the business raised over $37,000 through a Kickstarter campaign to remain open. Shortly after, it transitioned to nonprofit status which allowed it to raise money through events and fundraisers to pay the rent and become more viable.
Representatives of Video Fan couldn’t be reached for comment Monday.
Its storefront is still owned by Fan Video Properties LLC, which as of 2015 had been tied to Video Fan owner Doug McDonald, who put the space up for lease in 2014 during the business’ pre-nonprofit struggles.
With the shop closure, Video Fan hinted in its online announcement that it is pondering the future of its collection of 40,000 videos.
“The collection will be kept together,” its post reads. “We will endeavor to find a future for it. The documentary will be finished. This is the new ending.”
Two years after a successful Kickstarter campaign and a pivot to nonprofit status aimed at keeping its doors open, the curtain has closed on a Fan institution.
Video Fan, a movie rental shop at 403 Strawberry St., has closed after 31 years in business. The shop announced the closing Monday.
“Friends, we’re sorry to announce the Video Fan is closing, effective immediately. We can no longer sustain the business in its current location,” the company wrote on its Facebook page.
After facing closure in 2014, the business raised over $37,000 through a Kickstarter campaign to remain open. Shortly after, it transitioned to nonprofit status which allowed it to raise money through events and fundraisers to pay the rent and become more viable.
Representatives of Video Fan couldn’t be reached for comment Monday.
Its storefront is still owned by Fan Video Properties LLC, which as of 2015 had been tied to Video Fan owner Doug McDonald, who put the space up for lease in 2014 during the business’ pre-nonprofit struggles.
With the shop closure, Video Fan hinted in its online announcement that it is pondering the future of its collection of 40,000 videos.
“The collection will be kept together,” its post reads. “We will endeavor to find a future for it. The documentary will be finished. This is the new ending.”