The store was a huge success, which prompted the addition of three more locations by mid1986. In 1986, because of liquidity problems, Cook was forced to turn over the whole company to a group of...

The store was a huge success, which prompted the addition of three more locations by mid1986. In 1986, because of liquidity problems, Cook was forced to turn over the whole company to a group of investors led by Wayne Huizenga. Between 1987 and 1993, Huizenga grew Blockbuster into an enormous success. During this period, Blockbuster opened stores around the globe at the rate of about one every 24 hours. By 1993, Blockbuster was the leading global provider of in-home movie and game entertainment, with more than 3,400 stores throughout the Americas, Europe, Asia, and Australia.