| Business Summary | | Blockbuster
Inc.
is
a
retailer
of
rentable
home
videocassettes,
DVDs
and
video
games,
with
close
to
7,700
stores
in
the
United
States
and
25
other
countries,
as
of
December
31,
2000.
Beginning
in
the
fourth
quarter
of
1999,
the
Company
began
reporting
in
two
segments,
home
videocassette,
DVD
and
video
game
rental
and
retailing,
which
the
Company
refers
to
as
the
video
segment,
and
new
media
(formerly
called
new
technologies).
Blockbuster's
customer
transaction
database
contains
information
on
more
than
51
million
United
States
and
Canadian
member
accounts
that
were
active
in
the
year
ended
December
31,
2000.
As
of
December
31,
2000,
the
Company's
franchisees
operated
918
stores
in
the
United
States,
and
its
franchisees
and
minority-owned
joint
ventures
operated
505
stores
internationally. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BBI
is
a
retailer
of
rentable
home
videocassettes,
DVDs
and
video
games,
with
close
to
7,000
stores
in
the
United
States
and
25
other
countries
as
of
12/31/99.
For
the
six
months
ended
6/30/01,
revenues
rose
4%
to
$2.53
billion.
Net
loss
fell
66%
to
$10.9
million.
Revenues
reflect
growth
in
DVD
rental
activity
and
an
increase
in
worldwide
same-store
revenues.
Net
loss
reflects
decreased
depreciation
expense
and
an
improved
gross
profit
margin. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Antioco, 51 Chairman
of Directors, Pres and CEO | $3.6M | Larry Zine, 46 CFO,
Exec. VP | 1.0M | Edward Stead, 54 Exec.
VP, Gen. Counsel and Sec. | -- | Mark Gilman, 37 Exec.
VP and Pres of New Media Division | -- | James Notarnicola, 49 Exec.
VP, CMO | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|