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Blockbuster [5] is an American multimedia brand which was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater. [6]
A video rental shop/store is a physical retail business that rents home videos such as movies, prerecorded TV shows, video game cartridges/discs and other media content. Typically, a rental shop conducts business with customers under conditions and terms agreed upon in a rental agreement or contract , which may be implied, explicit, or written.
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This resulted in CD WOW! being ordered not to sell titles that were not licensed for sale in Europe, and claiming it had to increase the price of all CDs. [1] On 29 May 2007, the former owners of CD WOW! were ordered by the High Court to pay £41 million in damages to the BPI for breaching the 2004 agreement over the sale of imported CDs.
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