Blockbuster deals

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.

More Film

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    Film Review: 'Antiporno'

    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 […]

  • Nicholas Hoult Current War

    Film News Roundup: Shooting Wraps on Nicholas Hoult's 'Tolkien' Biopic

    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 […]

  • Disney-Fox Deal Casts Future of Fox

    Disney-Fox Deal Casts Future of Fox Studio Lot Into Doubt

    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 […]

  • Loveless Movie Wild Bunch

    Oscars: Nine Films Advance in Foreign-Language Race

    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 […]

  • Andy Muschietti

    'It' Director Andy Muschietti Eyed for 'Electric State' From Russo Brothers

    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 […]

  • Could Fox Acquisition Finally Make Disney

    Could Fox Acquisition Finally Make Disney an Awards Power Player?

    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 […]

  • 'Beyond Skyline' Review

    Film Review: 'Beyond Skyline'

    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 […]

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