Blockbuster Video Activist Presentation Deck
Meyer's 3 Phase Plan for Blockbuster Turnaround
Phase 1: Address Immediate Liquidity Challenge
Viable structure identified and in discussions with constituents
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Phase 2: Stabilize cashflows from brick-and-mortar store base
Same Store Sales should be stabilizing and turning higher due to:
• Massive reduction in Industry Capacity (Movie Gallery/Hollywood
Video store closures)
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This represents $1.4 billion of revenue up for grabs
• 28-day 'exclusive' window with Warner, Fox, Universal represents a
huge competitive advantage
Poorest performing stores have been closed already resulting in a
higher quality store portfolio than any time in the past few years
Phase 3: Generate meaningful revenue/EBIT from non-store distribution
channels
• Leverage strong brand and studio relationships
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