SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20594
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Blockbuster Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
093679108
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1: and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7).
*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 the disclosures provided in a prior cover page.
The information required in 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>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Capital Group International, Inc.
95-4154357
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
5 SOLE VOTING POWER
2,258,800
6 SHARED VOTING POWER
NUMBER OF
SHARES
NONE
BENEFICIALLY
OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
REPORTING
3,167,000
PERSON WITH
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,167,000 Beneficial ownership disclaimed pursuant to Rule 13d-4
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.2%
12 TYPE OF REPORTING PERSON*
HC
*SEE INSTRUCTION BEFORE FILLING OUT!
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Capital Guardian Trust Company
95-2553868
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
5 SOLE VOTING POWER
2,191,800
6 SHARED VOTING POWER
NUMBER OF
SHARES
NONE
BENEFICIALLY
OWNED BY
7 SOLE DISPOSITIVE POWER
EACH
REPORTING
3,100,000
PERSON WITH
8 SHARED DISPOSITIVE POWER
NONE
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,100,000 Beneficial ownership disclaimed pursuant to Rule 13d-4
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.0%
12 TYPE OF REPORTING PERSON*
BK
*SEE INSTRUCTION BEFORE FILLING OUT!
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Amendment No.
Item 1(a) Name of Issuer:
Blockbuster Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1201 Elm Street
Dallas, TX 75270
Item 2(a) Name of Person(s) Filing:
Capital Group International, Inc. and Capital Guardian Trust Company
Item 2(b) Address of Principal Business Office:
11100 Santa Monica Boulevard
Los Angeles, CA 90025
Item 2(c) Citizenship: N/A
Item 2(d) Title of Class of Securities:
Class A Common Stock
Item 2(e) CUSIP Number:
093679108
Item 3 The person(s) filing is(are):
(b) [X] Bank as defined in Section 3(a)(6) of the Act.
(g) [X] Parent Holding Company in accordance with Section 240.13d-
1(b)(1)(ii)(G).
Item 4 Ownership
Capital Group International, Inc. is the parent holding company of
a group of investment management companies that hold investment
power and, in some cases, voting power over the securities reported
in this Schedule 13G. The investment management companies, which
include a "bank" as defined in Section 3(a)6 of the Securities
Exchange Act of 1934 (the "Act") and several investment advisers
registered under Section 203 of the Investment Advisers Act of
1940, provide investment advisory and management services for
their respective clients which include registered investment
companies and institutional accounts. Capital Group
International, Inc. does not have investment power or voting
power over any of the securities reported herein; however,
Capital Group International, Inc. may be deemed to
"beneficially own" such securities by virtue of Rule 13d-3
under the Act.
Capital Guardian Trust Company, a bank as defined in Section 3(a)6
of the Act is deemed to be the beneficial owner of 3,100,000
shares or 10.0% of the 31,000,000 shares of Class A Common
Stock believed to be outstanding as a result of its serving as the
investment manager of various institutional accounts.
Item 5 Ownership of 5% or Less of a Class: [ ]
Item 6 Ownership of More than 5% on Behalf of Another Person: N/A
<PAGE>
Item 7 Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company:
1.
Capital Guardian Trust Company is a bank as defined in
Section 3(a)(6) of the Act and a wholly owned subsidiary
of Capital Group International, Inc.
2.
Capital International S.A. (CISA) does not fall within
any of the categories described in Rule 13d-1-(b)(ii)(A-F)
but its holdings of any reported securities come within the
five percent limitation as set forth in a December 15, 1986
no-action letter from the Staff of the Securities and
Exchange Commission to The Capital Group Companies, Inc.
CISA is a wholly owned subsidiary of Capital Group
International, Inc.
Item 8 Identification and Classification of Members of the Group: N/A
Item 9 Notice of Dissolution of the Group: N/A
Item 10 Certification
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purpose or effect.
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: September 9, 1999 (For the period ended
August 31, 1999)
Signature: *David I. Fisher
Name/Title: David I. Fisher, Chairman
Capital Group Internatinal, Inc.
Date: September 9, 1999 (For the period ended
August 31, 1999)
Signature: *David I. Fisher
Name/Title: David I. Fisher, Chairman
Capital Guardian Trust Company
*By
Michael J. Downer
Attorney-in-fact
Signed pursuant to a Power of Attorney dated January 29,
1999 included as an Exhibit to Schedule 13G filed with
the Securities and Exchange Commission by Capital
Guardian Trust Company on February 8, 1999 with
respect to Acclaim Entertainment, Inc.
AGREEMENT
Los Angeles, CA
September 9, 1999
Capital Group International, Inc. ("CGII") and Capital Guardian Trust
Company ("CGTC") hereby agree to file a joint statement on Schedule 13G
under the Securities Exchange Act of 1934 (the "Act") in connection with
their beneficial ownership of Class A Common Stock issued by Blockbuster
Inc.
CGII and CGTC state that they are each entitled to individually use
Schedule 13G pursuant to Rule 13d-1(c) of the Act.
CGII and CGTC are each responsible for the timely filing of the
statement and any amendments thereto, and for the completeness and
accuracy of the information concerning each of them contained therein but
are not responsible for the completeness or accuracy of the information
concerning the others.
CAPITAL GROUP INTERNATIONAL, INC.
BY: *David I. Fisher
David I. Fisher, Chairman
Capital Group International,
Inc.
CAPITAL GUARDIAN TRUST COMPANY
BY: *David I. Fisher
David I. Fisher, Chairman
Capital Guardian Trust Company
*By
Michael J. Downer
Attorney-in-fact
Signed pursuant to a Power of Attorney dated January 29, 1999
included as an Exhibit to Schedule 13G filed with the Securities and
Exchange Commission by Capital Guardian Trust Company on February 8, 1999
with respect to Acclaim Entertainment, Inc.
