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Blockbuster Names Nigel Travis President and Chief Operating Officer

25 Sep, 2001 By: Hive News

Blockbuster Inc. announced Tuesday it has named company veteran Nigel Travis president and c.o.o. He will be responsible for overseeing all aspects of the company's global store operations, and report to John F. Antioco, Blockbuster chairman and c.e.o., along with Larry Zine, executive v.p., chief financial officer and chief administrative officer; Edward B. Stead, executive v.p., general counsel, secretary and business development; and Dean Wilson, executive v.p. content, worldwide.

"This is well-deserved recognition of the many valuable contributions Nigel has made to our organization in his seven years with the company," said Antioco. "He has a unique global perspective of Blockbuster that provides a tremendous advantage and this knowledge, combined with his keen leadership skills, will help position us for continued, solid growth into the future."

Travis will continue to be responsible for all aspects of worldwide store operations, including marketing, merchandising, new concept development and now also the implementation of technology initiatives to support the stores.

Prior to this appointment, Travis served as Blockbuster executive v.p. and president, worldwide stores division. Travis joined the company in 1994 and during his tenure has served as senior v.p., Europe; president, international operations; and president, worldwide retail operations.

Before joining Blockbuster, Travis served as senior v.p. and managing director for Europe, the Middle East and Africa at Burger King Corp. Travis, a British national, is a director of the Video Software Dealers Association and serves as an independent director with The Bombay Company Inc.

In other Blockbuster news, as a result of the events of Sept. 11, Blockbuster said Tuesday it will begin placing signage by terrorist-themed movies and games to help consumers make informed rental decisions.

The company stated that the new signage will be in place at all retail locations until the end of the year and will focus on new movies and games.

"Quite frankly, we have been faced with a dilemma. On one hand, we know that there is heightened sensitivity to terrorist themes right now," said John Antioco, chairman and c.e.o. for Blockbuster. "On the other hand, we do not want to pull product from our stores. We see that as playing right into the hands of the people who would like to curtail our freedoms in this country."

Blockbuster is focusing its efforts on newly released movies and games because that is where most of the company's rental activity takes place, the company said in a press release.

"For the time being, we want to label any new movie or game that contains terrorist themes," continued Antioco.

Blockbuster did not indicate the language of the labels or whether the tape, disc or game boxes also would be stickered.

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