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November 17, 1992 | From Times Staff and Wire Reports
Virgin, Blockbuster in Joint Venture: Blockbuster Entertainment Corp. and Virgin Retail Group Ltd. said they are beginning a joint venture to operate big entertainment stores throughout the United States, continental Europe and Australia. The move would give Blockbuster a greater presence in the recorded music business it entered with the recent $185-million acquisition of the U.S.-based Sound Warehouse and Music Plus chains.
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BUSINESS
November 17, 1992 | From Times Staff and Wire Reports
Virgin, Blockbuster in Joint Venture: Blockbuster Entertainment Corp. and Virgin Retail Group Ltd. said they are beginning a joint venture to operate big entertainment stores throughout the United States, continental Europe and Australia. The move would give Blockbuster a greater presence in the recorded music business it entered with the recent $185-million acquisition of the U.S.-based Sound Warehouse and Music Plus chains.
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