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NO SUMNER LOVE FOR BLOCKBUSTER PARK
Published December 9, 1994
According to Jack Nease in Ft. Lauderdale, Viacom execs "still won't say how they feel about the sports and entertainment complex" that Blockbuster Entertainment Chair Wayne Huizenga planned for a 3,000-acre site on the Dade-Broward county line. A Viacom spokesperson in New York: "It is not killed. But it is not a certainty. It's still under review, and these things take time." Nease notes that "all systems were go" until the Blockbuster-Viacom merger, but because of the amount of debt Viacom has accumulated, "the prospect of developing a South Florida theme park and sports complex is obviously much less appealing" to Viacom Chair Sumner Redstone than to Huizenga (Ft. Lauderdale SUN-SENTINEL, 12/8).
