SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
BLOCKBUSTER, INC.
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(Name of Issuer)
Class A Common Stock, par value $0.01 per share
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(Title of Class of Securities)
93679108
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(CUSIP Number)
January 26, 12000
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
|_| Rule 13d-1 (b)
|X| Rule 13d-1 (c)
|_| Rule 13d-1 (d)
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
<PAGE>
CUSIP No. 93679108 SCHEDULE 13G Page 2 of 16 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Dimensional Partners, L.P.
I.R.S. #13-5514352
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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5 SOLE VOTING POWER
None
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 370,880
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
370,880
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
370,880
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.196% but 5.98% if considered together with Dimensional Partners, Ltd.
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 93679108 SCHEDULE 13G Page 3 of 16 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
JDS Asset Management, LLC
I.R.S. #13-4053441
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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5 SOLE VOTING POWER
None
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 370,880
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
370,880
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
370,880
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.196% but 5.98% if considered together with Dimensional Partners, Ltd.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 93679108 SCHEDULE 13G Page 4 of 16 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Dimensional Partners, Ltd
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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5 SOLE VOTING POWER
None
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,483,520
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,483,520
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,483,520
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.784% but 5.98% if considered together with Dimensional Partners, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 93679108 SCHEDULE 13G Page 5 of 16 Pages
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1. NAMES OF REPORTING PERSONS.
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
JDS Capital Management, Inc.
I.R.S #13-3918633
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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5 SOLE VOTING POWER
None
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,483,520
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,483,520
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,483,520
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.784% but 5.98% if considered together with Dimensional Partners, L.P.
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 93679108 SCHEDULE 13G Page 6 of 16 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph D. Samberg
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,854,400
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON None
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,854,400
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,854,400
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.98%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
INTRODUCTORY NOTE: This Statement on Schedule 13G is the initial filing on
Schedule 13G by the Reporting Persons (as defined below) pursuant to Rule 13d-
1(c) (the "Schedule 13G"). The Schedule 13G is filed by (i) Dimensional
Partners, L.P., a Delaware limited partnership ("Dimensional I"), (ii) the
general partner of Dimensional I, JDS Asset Management, LLC, a Delaware limited
liability company ("JDSAM"), (iii) Dimensional Partners, Ltd., a Cayman Islands
company ("Dimensional II"), (iv) the investment manager and subadvisor of
Dimensional II, JDS Capital Management, Inc., a Delaware corporation ("JDSCM"),
and (v) Joseph D. Samberg, the Managing Member of JDSAM and the President of
JDSCM ("Samberg") (collectively, the "Reporting Persons").
Item 1(a) Name of Issuer
- ----------------------------------
Blockbuster, Inc.
Item 1(b) Address of Issuer's Principal Executive Office
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1201 Elm Street, Dallas, Texas 75270
Item 2(a) Name of Person Filing
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Dimensional Partners, L.P.
JDS Asset Management, LLC
Dimensional Partners, Ltd.
JDS Capital Management, Inc.
Joseph D. Samberg
Item 2(b) Address of Principal Business Office
- --------------------------------------------------------
Address of principal business office of each of Dimensional I,
JDSAM, JDSCM and Samberg is: 780 Third Avenue, 45th Floor,
New York, NY 10017.
Address of principal business office of Dimensional II is:
Corporate Center, West Bay Road, P.O. Box 31106 SMB,
Grand Cayman, Cayman Islands.
Item 2(c) Citizenship
- -------------------------------
Dimensional I is a Delaware limited partnership; JDSAM is a
Delaware limited liability company, Dimensional II is a Cayman
Islands company, JDSCM is a Delaware corporation, and Samberg
is a citizen of the United States.
Item 2(d) Title of Class of Securities
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Class A Common Stock, par value $0.01 per share
Page 7 of 16
<PAGE>
Item 2(e) CUSIP Number
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87305U102
Item 3 If this statement is filed pursuant to Rules 13d-1(b) or
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13-2(b) or (c), check whether the person filing is a:
----------------------------------------------------
(a) |_| Broker of Dealer registered under Section 15 of the
Act
(b) |_| Bank as defined in Section 3(a)(6) of the Act
(c) |_| Insurance company as defined in Section 3(a)(19) of
the Act
(d) |_| Investment Company registered under section 8 of the
Investment Company Act of 1940
(e) |_| An Investment Adviser in accordance with
13-1(b)(1)(ii)(E)
(f) |_| An Employee Benefit Plan or Endowment Fund in
accordance with 13d-1(b)(1)(ii)(F)
(g) |_| A Parent Holding Company or Control Person in
accordance with 13d-1(b)(1)(ii)(G)
(h) |_| A Savings Association as defined in Section 3(b) of
the Federal Deposit Insurance Act
(i) |_| A Church Plan that is excluded from the definition of
an Investment Company under Section 3(c)(14) of the
Investment Company Act of 1940
(j) |_| Group, in accordance with 13d-1(b)(1)(ii)(J)
Item 4 Ownership
- -----------------------------
As of January 26, 2000, Dimensional II beneficially owns
1,483,520 shares of Class A Common Stock representing, in
aggregate, 4.784% of the total outstanding shares of Class A
Common Stock, and Dimensional I beneficially owns 370,880
shares of Class A Common Stock representing, in aggregate,
1.196% of the total outstanding shares of Class A Common
Stock. In aggregate, Dimensional I and Dimensional II
beneficially own 1,854,400 shares of Class A Common Stock,
Page 8 of 16
<PAGE>
such shares representing 5.98% of the total outstanding shares
of Class A Common Stock. JDSAM, as the general partner of
Dimensional I, and Samberg, as the Managing Member of JDSAM,
have shared voting power and dispositive power over the shares
held by Dimensional I and may be deemed to be the beneficial
owners of these shares. JDSCM, as the investment manager and
subadvisor of Dimensional II, and Samberg, as the President of
JDSCM, have shared voting and dispositive power over the
shares held by Dimensional II and may be deemed to be the
beneficial owners of these shares.
Item 5 Ownership of Five Percent or Less of a Class
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Not applicable
Item 6 Ownership of More than Five Percent on Behalf of Another
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Person
------
Not applicable
Item 7 Identification and Classification of the Subsidiary Which
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Acquired the Security Being Reported on by the Parent Holding
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Not applicable
Item 8 Identification and Classification of Members of the Group
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Not applicable
Item 9 Notice of Dissolution of Group
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Not applicable
Item 10 Certification
- ---------------------------------
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or
effect.
Page 9 of 16
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March __, 2000
DIMENSIONAL PARTNERS, LTD.
By: JDS Capital Management, Inc.,
its investment manager and subadvisor
By: /s/ Joseph D. Samberg
-----------------------------
Name: Joseph D. Samberg
Title: President
Page 10 of 16
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March __, 2000
DIMENSIONAL PARTNERS, L.P.
By: JDS Asset Management, LLC,
its general partner
By: /s/ Joseph D. Samberg
------------------------------
Name: Joseph D. Samberg
Title: Managing Member
Page 11 of 16
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March __, 2000
JDS ASSET MANAGEMENT, LLC
By: /s/ Joseph D. Samberg
---------------------------------
Name: Joseph D. Samberg
Title: Managing Member
Page 12 of 16
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March __, 2000
JDS CAPITAL MANAGEMENT, INC.
By: /s/ Joseph D. Samberg
-------------------------------
Name: Joseph D. Samberg
Title: President
Page 13 of 16
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March __, 2000
/s/ Joseph D. Samberg
-------------------------------
Joseph D. Samberg
Page 14 of 16
<PAGE>
JOINT FILING AGREEMENT
The undersigned parties hereby agree that the Schedule 13G filed
herewith relating to the Common Stock of Blockbuster, Inc. is being filed
jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(f) on
behalf of each such person.
Date: March __, 2000
