Video movie trading company
Sandy Cook, David's wife, suggested that he enter the video rental business. The first Blockbuster store opened October 19, , in Dallas, Texas. Cook's experience with managing huge databases proved helpful in driving innovation within the industry.
Blockbuster would often custom-tailor a store's inventory to its neighborhood, based on local demographics. In , the company won a court case against Nintendo, which paved the way for video game rental. Also that year, Waste Management co-founder Wayne Huizenga, who originally had reservations about entering the video rental industry, agreed to acquire several Blockbuster stores. Huizenga and associate John Melk utilized techniques from their waste business to rapidly expand Blockbuster, and soon they were opening a new store every 24 hours.
They took over many of the existing Blockbuster franchise stores as well, and Huizenga even spent much of the late s acquiring several of Blockbuster's rivals, including Major Video. In October , Blockbuster took controlling interest in Spelling Entertainment Group, a media company run by television producer Aaron Spelling.
Blockbuster became a multibillion-dollar company and in proposed a merger with Viacom. It was an "entertainment complex" aimed at adults, containing eight themed areas housing a restaurant, games, laser tag arena, and motion simulator rides, and was housed in a windowless building the size of a city block. During the s, Blockbuster expanded in the United Kingdom, purchasing that country's Ritz Video chain. The stores were rebranded to Blockbuster, making it the number one UK rental chain.
The logo changed slightly, but retained the ITC Machine font. Most of the workers at the Florida headquarters did not want to relocate, so Blockbuster planned to hire around to new employees for its Dallas headquarters. The company had offered various relocation packages to all of its Fort Lauderdale staff. John Antioco In , Blockbuster created DEJ Productions, which acquired films primarily to provide exclusive content to its Blockbuster stores prior to being sold off to First Look Studios in During that same year, Blockbuster bought the Irish video rental store Xtra-vision, with over stores in Ireland and the UK.
Blockbuster DVD-by-mail envelope In , the company partnered with. Enron in an attempt to create a video-on-demand service. I could take my Posted by Jennifer V.
Brought to you by yahoolocal. Lots of cheap DVDs, blu-rays, video games, etc. Posted by by Chris L. Brought to you by openlist. Posted on April 04, Brought to you by merchantcircle. If you don't see your business listed on YellowBot, please add your business listing.
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