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- Blockbuster agreed yesterday to buy the 236 music stores in the Sound Warehouse and Music Plus chains from Shamrock Holdings, an investment firm in California, for $185 million in cash and stock.
www.nytimes.com/1992/10/20/business/company-news-blockbuster-agrees-to-buy-music-store-chain.html
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In 1992, Blockbuster acquired the Sound Warehouse and Music Plus music retail chains and created Blockbuster Music. [33] [34] In October 1993, Blockbuster took a controlling interest in Spelling Entertainment Group, a media company run by television producer Aaron Spelling. [35]
Oct 20, 1992 · Blockbuster agreed yesterday to buy the 236 music stores in the Sound Warehouse and Music Plus chains from Shamrock Holdings, an investment firm in California, for $185 million in cash and stock.
Sep 6, 2014 · Blockbuster’s fatal flaw wasn’t one of intelligence or capability, but a failure to understand the networks that would determine its fate.
- Ben Unglesbee
- 1977. Twentieth Century Fox becomes the first studio to make its films available on video.
- 1985. David Cook opens the first Blockbuster store.
- 1987. Wayne Huizenga joins as investor, becomes CEO.
- 1993. After bulldozing its way across the country, Blockbuster has nearly 3,600 stores.
Mar 23, 2023 · The Blockbuster brand was sold to satellite TV company DISH in 2011 for $320 million, according to Variety. They owned the licensing rights and created Blockbuster On Demand, a library of ...
- caitlin.okane@paramount.com
- Caitlin O'Kane
- 4 min
Aug 12, 1998 · Viacom Inc. on Tuesday agreed to sell its lackluster Blockbuster Music chain to Torrance-based Wherehouse Entertainment Inc. for $115 million in cash, in a deal that would catapult...
Sep 4, 2020 · Before its last building became a lone 90’s themed rental space, Blockbuster was a well-known store chain. As stated by Business Insider , “Blockbuster was at its peak in 2004.