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Blockbusters (April 15, 1981 | #81_0119): Wayne/Brenda & Bonnie (V2, WC)
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This guy buys a small video store and builds a $5B rental empire! 📼💰 Wayne Huizenga spots Blockbuster in 1987—just 8 stores in Dallas. He buys it for $25M, seeing gold in a fragmented $7B video rental market. While others play it safe, Wayne goes on an acquisition spree, rolling up hundreds of rivals and turning Blockbuster into a household name. ✓ Buys up competitors like Erol’s and Ritz, scaling to 4,500 stores by 1994 ✓ Rakes in $2.4B revenue and $785M profit—$800M a year just from late fee
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This guy buys a small video store and builds a $5B rental empire! 📼💰 Wayne Huizenga spots Blockbuster in 1987—just 8 stores in Dallas. He buys it for $25M, seeing gold in a fragmented $7B video rental market. While others play it safe, Wayne goes on an acquisition spree, rolling up hundreds of rivals and turning Blockbuster into a household name. ✓ Buys up competitors like Erol’s and Ritz, scaling to 4,500 stores by 1994 ✓ Rakes in $2.4B revenue and $785M profit—$800M a year just from late fee
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The Venture on Instagram: "This guy buys a small video store and builds a $5B rental empire! 📼💰 Wayne Huizenga spots Blockbuster in 1987—just 8 stores in Dallas. He buys it for $25M, seeing gold in a fragmented $7B video rental market. While others play it safe, Wayne goes on an acquisition spree, rolling up hundreds of rivals and turning Blockbuster into a household name. ✓ Buys up competitors like Erol’s and Ritz, scaling to 4,500 stores by 1994 ✓ Rakes in $2.4B revenue and $785M profit—$800
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