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Xtra-vision was a video, film and music retailer that operated across the island of Ireland. Founded in 1979, it had 200 shops at its peak before running into financial difficulties, changing ownership a number of times, and ultimately closing in 2021. All physical Xtra-vision stores closed across Ireland in January 2016.

Key Information

History

[edit]
Xtra-Vision in Enniskillen

Xtra-vision was founded by Richard Murphy in 1979. At its peak, it operated over 200 shops across both the Republic of Ireland and Northern Ireland. Murphy later went on to form Chartbusters in 1993.

Xtra-vision went into financial difficulties in the early 1990s after aggressive expansion of their retail network caused a massive increase in their stock price on the Irish Stock Exchange, without sufficient liquidity to continue the network expansion, and their books having overestimated the value of their video stock in shops [citation needed]. The company entered examinership and its finances were turned around by businessman Peter O'Grady Walshe in 1993. The company was bought by a venture capital consortium in 1994, with O'Grady Walshe as managing director.[1] In 1996, the company was sold to US giant Blockbuster.[2][3]

Xtra-Vision in Holywood

The chain was run by Blockbuster from 1996. The chain never rebranded in Ireland, citing market research that the Xtra-vision name was better known and more respected than Blockbuster across the island. The few Xtra-vision shops outside Ireland — those in Manchester, London and New Hampshire, were rebranded to Blockbuster after the takeover.

The company had an exclusive deal meaning that any movie with funding from the Irish Film Board would initially be provided for rental and sale solely through their network.

In August 2009, Blockbuster sold its Irish operations to Birchhall Investments. In May 2011, the company went into examinership but successfully exited in August.[4]

Xtra-Vision in Strabane

On 29 April 2013, the company announced that it was to enter receivership with Luke Charleton and Colin Farquharson, of Ernst & Young.[5] On 7 May 2013, the receivers announced that 20 shops would close throughout Ireland with a loss of up to 120 jobs. These outlets were closed due to trading losses because of fall in revenue.[6] Xtra-vision was sold to Hilco Capital Ireland in June 2013 for an undisclosed sum.[7]

On 30 August 2013, Hilco announced that 26 Xtra-Vision shops would be dual-branded as HMV/Xtra-Vision).[8]

On 27 January 2016, the High Court appointed a provisional liquidator to Xtra-Vision after the company became insolvent and unable to pay their debts, with most of the 580 jobs expected to be lost.[9][10]

Xtra-Vision in Omagh

The company thereafter operated as an online business, selling movies, video games and electronics, and also operated vending machines (branded as Xtra-Vision Xpress) for renting movies and video games in SuperValu supermarkets, petrol stations and shopping centres. New movies were added every Friday. The customer selected the item they wished to rent and paid by debit/credit card. No subscription was required, but an e-mail address had to be provided if a receipt was desired. The item had to be returned by 8pm on the return date (between 1-3 nights depending on amount of discs rented). If not returned, the fee was €1.50 daily, up to a maximum of 10 days (€15). After 10 days, the disc was the customer's to keep.

On 7 July 2021, Xtra-Vision Xpress was placed into voluntary liquidation and the business was closed.[11]

On 15 May 2024, Reuben May bought the Xtra-Vision brand and was granted a trademark on 31 October 2024. Plans were in the works to create a new business model for the once iconic brand and launch Irelands first dedicated Esports gaming lounge in early 2025 but nothing came to it with the relaunched Xtra-vision website going offline again.

2009 Halo 3 Tournament

[edit]

On 20 October 2009, as a promotion for the upcoming release of Halo 3: ODST, Xtra-vision ran a Halo 3 tournament, in which they held 2 categories, Teams and Doubles, Teams being a 4 player team and Doubles being a 2 player team, in which they would compete in an all Ireland tournament, the winners receiving a free copy of Halo 3: ODST. The campaign turned out a great success, boosting publicity for Xtra-vision and the release of Halo 3: ODST. The winners of the Teams being "Team Axios", a Halo team from County Mayo, and the winner of the Doubles being Dan Vaughan and Marcus Conaghey.[12]

Xbox One release controversy

[edit]

When the Xbox One was released in November 2013, Xtra-vision gained negative media attention due to their policy of forcing customers who had pre-ordered the console to purchase an additional game in order to get their console. After media attention and backlash on social media websites, Ireland's National Consumer Agency launched an investigation into Xtra-vision's practices. Xtra-vision reversed this policy, and announced that refunds were available for those who had purchased an additional game with their pre-ordered console.[13][14][15]

Purchase of Xtra-Vision Trademark in Ireland

[edit]

In mid 2024, the website domain www.Xtra-Vision.ie, along with the Irish trademark for "Xtra-Vision" was purchased by Reuben May, and later announced on his social media pages on 6 November 2024. Who states he has plans to "Bring back that iconic Irish brand, under a different business model". [16]

References

[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Xtra-vision

View on Grokipedia
from Grokipedia
Xtra-vision was an Irish video and retailing that operated across the island of , specializing in the and sale of tapes, DVDs, Blu-rays, video games, and music. Founded by Richard Murphy in 1979 in , it grew to become Ireland's largest chain of such stores, peaking at over 200 outlets by the early and employing hundreds of staff before facing challenges from digital streaming services. The company expanded rapidly during the and as rental boomed, going public on the Irish Stock Exchange in 1989 with shares that quickly rose from an opening price of 48p to a peak of 107p. By 1996, Xtra-vision reported strong profits, driven by its network of rental outlets that capitalized on the surge in video cassette popularity, and it diversified into and gaming sales to broaden its offerings. Headquartered in , it maintained a significant presence in both the and , becoming a cultural staple for night entertainment rentals. In the 2010s, however, Xtra-vision struggled against the rise of online streaming platforms like , leading to financial distress; it was acquired by Ireland in 2013 as part of a turnaround effort for the distressed retailer. Despite attempts to adapt by focusing on digital downloads and in-store events, the company entered in 2016, resulting in the closure of all stores and the loss of approximately 580 jobs across . The Xtra-vision brand, which had operated for over 40 years, left a lasting legacy as a pioneer in 's home entertainment sector.

History

Founding and early expansion

Xtra-vision was founded in 1979 by Richard Murphy, a young entrepreneur and former motorcycle courier from , as a single video rental store specializing in tapes. The company's inaugural outlet opened in , , in 1980, capitalizing on the emerging popularity of entertainment in Ireland at a time when VCR ownership was still limited. Murphy invested his savings and compensation from a prior workplace injury to launch the venture, focusing initially on renting pre-recorded cassettes of films and television shows to local customers. In the 1980s, Xtra-vision underwent rapid expansion across , growing from its single location to multiple outlets through a combination of company-owned stores and arrangements. By 1990, the chain had grown substantially, reflecting the surging demand for video rentals amid increasing household VCR adoption. The early centered on accessibility and customer loyalty, featuring late-night opening hours to accommodate after-work and weekend visits, membership cards that offered discounted rentals for repeat customers, and community-oriented promotions that fostered local engagement in an era before streaming or widespread home media ownership. Key milestones during this formative period included the introduction of DVD rentals in the late 1990s, which modernized the inventory as the format began to supplant . Xtra-vision also made an initial foray into rentals around this time, broadening its offerings to include console titles and appealing to a younger demographic. This organic growth positioned the company for later acquisitions by larger corporations.

Ownership changes and peak operations

In 1996, Xtra-vision was acquired by Blockbuster Entertainment, a subsidiary of Viacom, for £20 million, marking a significant shift in its corporate structure. This acquisition integrated Xtra-vision into Blockbuster's international operations, introducing some rebranding elements such as standardized inventory management while retaining the local Xtra-vision name on storefronts to maintain brand familiarity in Ireland and Northern Ireland. The deal positioned Xtra-vision within a global network, enabling access to broader film distribution and operational synergies under Viacom's oversight. Under Blockbuster's management, Xtra-vision continued its expansion, reaching a peak of 317 stores across the island of , parts of the including , and even some locations in the by the late , building on its 225 locations at the time of acquisition. This growth included diversification into music and gaming retail, complementing its core video rental business and appealing to a wider customer base amid rising demand for home entertainment. The expansion capitalized on Blockbuster's expertise, enhancing store formats with dedicated sections for CDs, DVDs, and video games, which helped solidify Xtra-vision's market dominance in the region. Financially, the company achieved peak performance in the late 1990s, recording combined profits of £3.7 million on sales of £25 million in the year leading up to the Blockbuster acquisition. By the early , Xtra-vision adapted to emerging through the launch of online rental services and the introduction of automated vending machines for DVDs and games, extending its reach beyond traditional stores. These innovations allowed customers to access content remotely, reflecting a strategic pivot to hybrid physical-digital models during a period of industry transformation. Ownership transitioned again in 2009 when Blockbuster sold Xtra-vision to Irish investment group Birchhall Investments for up to €32 million, allowing the company to operate independently while leveraging its established network of approximately 186 stores. This sale, completed amid Blockbuster's global challenges, preserved Xtra-vision's operations in Ireland and provided fresh capital for ongoing adaptations. In 2013, facing financial pressures, Xtra-vision entered receivership but was swiftly acquired by Hilco Capital Ireland for an undisclosed sum, ensuring continuity under a restructuring specialist focused on retail turnaround. Hilco's involvement marked the final major ownership change during this peak era, emphasizing cost efficiencies and digital integration to sustain the business at its operational height.

Decline and liquidation

The rise of streaming services, particularly , which launched its streaming platform in Ireland in 2012, severely eroded Xtra-vision's core DVD and Blu-ray rental business from 2010 onward. This shift, combined with video piracy and illegal downloading, led to a rapid migration of customers away from physical rentals, causing over-the-counter DVD rental revenue to drop by 30% year-on-year by late 2015. Under ownership by since 2013, Xtra-vision faced mounting financial pressures, culminating in a significant sales collapse during the 2015 period. December sales fell 25% compared to the previous year and 30% below budget, a period that typically accounted for 25% of annual revenue, and was cited in proceedings as the primary trigger for the company's . Overall turnover declined from €51 million in 2014 to €38.5 million in 2015, resulting in a €2.5 million operating loss. In January 2016, the appointed Michael McAteer of Grant Thornton as provisional liquidator for Xtra-vision Entertainment Ltd and Xtra-vision Ireland Ltd after the company admitted it could not pay its debts. This led to the immediate closure of all 83 remaining stores—72 in the and 11 in —effective January 27, 2016, with the loss of approximately 580 jobs across both regions. The liquidation process involved the winding down of operations, with liquidators handling employee redundancies and entitlements. Stock and physical assets were sold off through online channels managed by the receivers, while Hilco Capital oversaw the disposal of remaining inventory to recover value from the insolvent entities.

Operations

Retail network and format

Xtra-vision's retail network was concentrated across the island of , with a primary focus on the and . Major urban centers such as , Cork, and hosted numerous outlets, alongside smaller towns and cities throughout the regions. At its peak in the late 1990s and early 2000s, the chain operated approximately 317 stores in these areas, forming a dense coverage that catered to local communities' demand for home entertainment rentals and sales. Typical Xtra-vision stores occupied spaces ranging from approximately 1,000 to 2,000 square feet, featuring dedicated sections for rental kiosks where customers could select and check out tapes, DVDs, and later Blu-rays, alongside open shelves for purchasing new releases, accessories, and related merchandise. These layouts emphasized accessibility and quick transactions, with prominent displays of popular titles near entrances to draw in walk-in traffic. Operating hours generally extended into the evening, often until 10 p.m. or later, to accommodate after-work and weekend visits, though specific times varied by location. Logistics for the network were managed through centralized distribution centers in , which handled inventory replenishment for , DVD, and game stock across the stores. This hub-and-spoke model ensured consistent availability of titles, with regular shipments supporting the high turnover of rental items. In the , as physical store traffic declined, Xtra-vision introduced automated vending machines under the Xpress brand, providing 24/7 access to rentals in select high-traffic locations like supermarkets, extending the network's reach beyond traditional hours. Following the of physical stores, the Xpress vending machines and sales continued until approximately 2021. To enhance , Xtra-vision implemented the Xtra-Club membership program, which offered benefits such as personalized cards for tracking rentals and accumulating rewards for frequent users. This system encouraged repeat visits by providing points redeemable for free rentals or discounts, fostering a around the stores as local hubs. A brief shift toward digital integration occurred later under new ownership, incorporating online elements alongside the physical format.

Products and services offered

Xtra-vision's core offerings centered on the rental and sale of for home , beginning with tapes upon its founding in 1979. Over the following decades, the company expanded its inventory to include DVD and Blu-ray discs, reflecting the shift in consumer preferences toward higher-quality formats, with rentals typically available for short-term periods such as overnight or weekend durations. By the , these formats dominated its movie-related revenue, which accounted for approximately half of total sales at its peak. In the 1990s, Xtra-vision diversified into music retail, adding CDs to its product lineup alongside its video offerings to broaden its appeal as a one-stop entertainment destination. This expansion contributed to the remaining half of its revenue from non-movie categories, including music sales. From the early 2000s onward, the company integrated video games into its portfolio, offering rentals and sales of titles for platforms like PlayStation and Xbox, often bundled with console purchases to attract gaming customers. These gaming products, including hardware and accessories such as cables and cases, became a key growth area as interactive entertainment gained popularity. To complement its in-store operations, Xtra-vision introduced ancillary services like gift cards for flexible purchasing and loyalty programs that provided discounts on and snacks. As VHS technology declined, Xtra-vision phased out those in the early 2000s, fully transitioning to digital-era formats while briefly exploring partnerships for access before streaming services reshaped the market.

Key events and promotions

2013 Xbox One pre-order controversy

In November 2013, Xtra-vision announced a requiring customers who had the console to purchase an additional game or accessory costing at least €50 in order to collect their device on the launch date of November 22. This condition applied even to those who had paid the full price or a deposit in advance, with the alternative being a refund of the pre-order deposit. The policy was linked to inventory and pricing challenges stemming from Microsoft's console distribution. The policy quickly sparked widespread backlash from customers and consumer advocates, who accused Xtra-vision of misleading practices and forcing unnecessary additional spending during the high-demand next-generation console launch. Complaints flooded platforms, online forums, and news comment sections, with users describing the requirement as a "rip-off" and a breach of agreements. The National Consumer Agency (NCA) intervened, stating that retailers must honor pre-paid products at the agreed price without extra conditions, and urged affected customers to seek refunds or escalate complaints. Coverage in Irish and Northern Irish media amplified the outrage, highlighting frustrations amid the competitive hype surrounding the and releases. Facing mounting public pressure and regulatory scrutiny, Xtra-vision reversed the policy on November 26, 2013, just days after the launch. The company confirmed that pre-order customers could now collect their consoles without purchasing an extra item and offered full refunds for any unopened additional games bought between November 22 and 26, provided proof of purchase. In a public statement, Xtra-vision expressed regret for "any upset or inconvenience that may have been caused to customers" and emphasized that the policy had not applied to pre-orders. Some customers reported successfully obtaining their consoles without the extra requirement following direct complaints to store managers. The controversy temporarily damaged Xtra-vision's reputation among , underscoring broader tensions in the retail sector over bundling practices and transparency during major product launches. It drew attention to the challenges of console distribution in a market dominated by pre-order hype, though the swift reversal mitigated some long-term fallout.

Post-liquidation developments

Asset liquidation and brand sale

On January 27, 2016, the High Court appointed Michael McAteer of Grant Thornton Ireland as provisional liquidator to Xtra-Vision Entertainment Ltd and related entity Xtra-Vision Ireland Ltd following a petition by its owner, Hilco Capital Ireland, due to insolvency amid declining sales and an inability to pay debts. All 83 stores across Ireland ceased trading immediately that day, with the liquidator overseeing an orderly closure process that included clearing sites by the end of the following week. The liquidator prioritized securing and disposing of physical assets, including approximately €6 million in inventory of DVDs, video games, and other media, which was transferred to a central warehouse in for evaluation and sale. Much of the stock was held on consignment, allowing suppliers to reclaim their , while owned assets were prepared for disposal through structured sales to maximize recovery; this included about €200,000 in from store tills at the time of liquidation. The process aimed to address the company's debts, estimated to include at least €5 million owed to Hilco (its owner since acquiring the business in 2013), alongside unpaid taxes and contributions for recent months, though total liabilities exceeded available assets, rendering the firm insolvent. The liquidation resulted in 580 redundancies across full- and part-time staff, with the liquidator issuing P45 forms and processing statutory redundancy and notice payments as a priority from initial recoveries to support affected employees. Remaining funds after employee claims were directed toward unsecured creditors, including suppliers and HMV (a related Hilco entity), though the overall recovery was limited by the consignment nature of much inventory and the rapid market decline in physical media rentals. Hilco retained ownership of the Xtra-Vision brand and following the store closures, enabling limited continuation of non-retail operations such as the company and DVD vending machines, which operated briefly into 2017 under separate management before winding down.

Trademark acquisition and revival efforts

Following the 2016 , Hilco retained the brand's . In 2021, Hilco Streambank offered the Xtra-vision brand and associated IP assets for sale, including and trademarks, 23 domain names such as xtravision.ie, content copyrights, accounts, and over 350,000 customer records. The Irish for Xtra-vision was registered to entrepreneur Reuben May on May 15, 2024, under Class 35 for retail services related to and entertainment products. As of 2024, May promoted revival efforts through the xtra-vision.ie domain, focusing on a Dublin-based gaming lounge and hub emphasizing experiential retail, including modern events and retro gaming rentals, adapting the legacy brand to the digital era without initial plans for widespread brick-and-mortar expansion. As of November 2025, no further developments such as store openings have been reported.

References

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  2. https://pitchbook.com/profiles/company/41895-64
  3. https://www.bbc.com/news/uk-northern-ireland-35421088
  4. https://www.irishtimes.com/business/xtra-vision-profits-on-fast-forward-1.63025
  5. https://www.irishtimes.com/business/retail-and-services/xtra-vision-killed-by-christmas-sales-collapse-court-told-1.2512923
  6. https://www.irishtimes.com/business/examiner-for-video-chain-with-debts-of-eur20m-1.1232846
  7. https://www.independent.ie/business/irish/press-rewind-to-view-the-heyday-of-a-video-empire/34410206.html
  8. https://www.irishtimes.com/business/video-firm-classic-of-boom-to-bust-1.93957
  9. https://www.retail-week.com/entertainment/analysis-a-snapshot-of-irish-dvd-rental-retailer-xtra-vision/5049955.article
  10. https://socialbridge.wordpress.com/tag/xtra-vision/
  11. https://www.irishtimes.com/business/xtra-vision-video-rental-group-sold-for-20m-1.93955
  12. https://www.nytimes.com/1996/10/09/business/blockbuster-will-acquire-irish-chain-of-video-stores.html
  13. https://www.fundinguniverse.com/company-histories/blockbuster-inc-history/
  14. https://xtra-vision.co.uk/about-us
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  25. https://photos-a.propertyimages.ie/media/4/7/2/2522274/Block%2520A%2520Greenhills%2520Road%2520combined%2520with%2520info%2520pack.pdf
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  27. https://www.yelp.com/biz/xtra-vision-belfast-13
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  32. https://www.irishtimes.com/business/retail-and-services/no-sequel-as-final-credits-roll-for-xtra-vision-1.2515757
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  34. https://www.independent.ie/business/technology/the-death-of-dvds-in-ireland-4-reasons-why-xtra-vision-collapsed/34402588.html
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