Blockbuster Video Activist Presentation Deck
Track Record of Sound Strategic Advice
In 2004, Meyer met with Blockbuster EVP, Finance, Strategic
Planning and Development Frank Paci to review the strategic case for
Blockbuster's involvement in the DVD rental kiosk channel
■
In 2005, Meyer sent a formal letter to a key member of Blockbuster's
Board of Directors alerting them of the need to enter the DVD rental
kiosk channel as a way to reduce costs by $140 million annually and
provide a new level of convenience for customers
The Blockbuster Board and management ignored the suggestion and
the channel altogether allowing competitor Redbox to expand to over
24,000 locations and an expected 2010 video rental market share
approaching 30%
A copy of the letter was filed as a DFAN14A by Meyer on April 12,
2010View entire presentation