January 1993 — Blockbuster purchases 35% of Republic Pictures Corp. for $ 25 million in cash and stock– a 10% premium — giving it direct access to an extensive film library.November 1992 — Richard Branson’s Virgin Group and Blockbuster enter a 50/50 partnership to own 15 existing Virgin Megastores in Europe and Australia, with Blockbuster holding 75% interest in new U.S. stores. October 1992 — Blockbuster buys Music Plus and Sound Warehouse from Roy Disney’s Shamrock Holdings for $ 185 million in stock and cash, making it one of the largest music retailers. January 1992 — Blockbuster buys Britain’s largest video chain, Cityvision, for $ 135 million, gaining 875 stores. November 1991 — Philips Electronics N.V., the Dutch consumer electronics giant, invests $ 66 million in Blockbuster, eventually acquiring a 7.5% stake.
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