Blockbuster Declares Quarterly Cash Dividend on 7-1/2% Convertible Preferred Securities

Blockbuster Declares Quarterly Cash Dividend on 7-1/2% Convertible Preferred Securities

Dallas, // PRNewswire-FirstCall // -- Blockbuster Inc. , a leading global provider of media entertainment, today announced that its Board of Directors has declared a quarterly cash dividend of $18.75 per share on its shares of 7-1/2% Series A Cumulative Convertible Perpetual Preferred Stock, in accordance with the terms of the Series A Preferred Stock. The dividend will be payable on Feb. 15, 2009, to the holders of record of the Series A Preferred Stock at the close of business on Feb. 1, 2009.

Blockbuster Inc. is a leading global provider of in-home movies and game entertainment with more than 7,500 stores throughout the Americas, Europe, Asia and Australia.

SOURCE: Blockbuster Inc.

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