SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________
SCHEDULE 13D
(Amendment No. 4)
Under the Securities Exchange Act of 1934
DISCOVERY ZONE, INC.
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
25468B 10 7
(CUSIP Number)
Philippe P. Dauman, Esq.
Viacom Inc.
200 Elm Street
Dedham, Massachusetts 02026
Telephone: (617) 461-1600
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and
Communications)
Copy to:
Stephen R. Volk, Esq.
Shearman & Sterling
599 Lexington Avenue
New York, NY 10022
Telephone: (212) 848-4000
September 29, 1994
(Date of Event which Requires Filing of this Statement)
========================================
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with this
statement / /.
Page 1 of ___ Pages
CUSIP No. 25468B 10 7
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
BLOCKBUSTER DISCOVERY INVESTMENT, INC.
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I.R.S. Identification No. 65-0403677
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(2) Check the Appropriate Box if a Member of Group (See Instructions)
/ / (a)
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/ / (b)
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(3) SEC Use Only
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(4) Sources of Funds (See Instructions)
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).
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(6) Citizenship or Place of Organization Delaware
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Number of (7) Sole Voting Power
--------------------------------------------------------------
Shares
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Beneficially (8) Shared Voting Power 24,220,354
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Owned by
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Each (9) Sole Dispositive Power
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Reporting
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Person (10) Shared Dispositive Power 24,220,354
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With
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
----------------------------
24,220,354
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
---
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(13) Percent of Class Represented by Amount in Row (11)
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49.9%
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(14) Type of Reporting Person (See Instructions) CO
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Page 2 of ___ Pages
CUSIP No. 25468B 10 7
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
BLOCKBUSTER AMUSEMENT HOLDING CORPORATION
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I.R.S. Identification No. 65-0403679
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(2) Check the Appropriate Box if a Member of Group (See Instructions)
(a)
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(b)
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(3) SEC Use Only
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(4) Sources of Funds (See Instructions)
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).
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(6) Citizenship or Place of Organization Delaware
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Number of (7) Sole Voting Power
---------------------------------------------------------------
Shares
--------------------------------------------------------------------------------
Beneficially (8) Shared Voting Power 24,220,354
--------------------------------------------------------
Owned by
--------------------------------------------------------------------------------
Each (9) Sole Dispositive Power
----------------------------------------------------------
Reporting
--------------------------------------------------------------------------------
Person (10) Shared Dispositive Power 24,220,354
-----------------------------------------------------
With
------------ --------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
----------------------------
24,220,354
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
----
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(13) Percent of Class Represented by Amount in Row (11)
--------------------------------------
49.9%
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(14) Type of Reporting Person (See Instructions) CO
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Page 3 of ___ Pages
CUSIP No. 25468B 10 7
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
VIACOM INC.
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I.R.S. Identification No. 04-2949533
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(2) Check the Appropriate Box if a Member of Group (See Instructions)
(a)
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(b)
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(3) SEC Use Only
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(4) Sources of Funds (See Instructions)
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).
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(6) Citizenship or Place of Organization Delaware
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Number of (7) Sole Voting Power
---------------------------------------------------------------
Shares
--------------------------------------------------------------------------------
Beneficially (8) Shared Voting Power 24,220,354
--------------------------------------------------------
Owned by
--------------------------------------------------------------------------------
Each (9) Sole Dispositive Power
----------------------------------------------------------
Reporting
--------------------------------------------------------------------------------
Person (10) Shared Dispositive Power 24,220,354
-----------------------------------------------------
With
------------ --------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
24,220,354
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
---
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(13) Percent of Class Represented by Amount in Row (11)
--------------------------------------
49.9%
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(14) Type of Reporting Person (See Instructions) CO
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Page 4 of ___ Pages
CUSIP No. 25468B 10 7
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SUMNER M. REDSTONE
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S.S. No.
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(2) Check the Appropriate Box if a Member of Group (See Instructions)
(a)
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(b)
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(3) SEC Use Only
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(4) Sources of Funds (See Instructions)
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(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e).
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(6) Citizenship or Place of Organization United States
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Number of (7) Sole Voting Power
--------------------------------------------------------------
Shares
--------------------------------------------------------------------------------
Beneficially (8) Shared Voting Power 24,220,354
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Owned by
--------------------------------------------------------------------------------
Each (9) Sole Dispositive Power
-----------------------------------------------------
Reporting
--------------------------------------------------------------------------------
Person (10) Shared Dispositive Power 24,220,354
-----------------------------------------------------
With
-------- ---------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
----------------------------
24,220,354
----------------------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
----
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(13) Percent of Class Represented by Amount in Row (11)
--------------------------------------
49.9%
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(14) Type of Reporting Person (See Instructions) IN
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Page 5 of ___ Pages
This Amendment No. 4 amends the Statement on
Schedule 13D filed with the Securities and Exchange
Commission on June 3, 1993 by Blockbuster Entertainment
Corporation ("BEC"), Blockbuster Amusement Holding
Corporation ("BAHC"), Blockbuster Fun & Fitness Holding
Corporation ("BFF") and Blockbuster Discovery Investment,
Inc. ("BDI"), as amended (the "Statement"). This Amendment
No. 4 is filed with respect to the shares of common stock,
par value $.01 per share (the "Common Stock"), of Discovery
Zone, Inc. (the "Issuer"), a Delaware corporation, with its
principal offices located at 205 North Michigan Avenue,
Chicago, Illinois 60601. Capitalized terms used but not
defined herein have the meanings assigned to such terms in
the Statement.
Item 2. Identity and Background.
-----------------------
Item 2 is hereby amended and supplemented as
follows:
The Closing of the Transactions occurred on
September 2, 1994. As a result thereof, BFF ceased to be a
reporting person.
As a result of the Merger described in Item 3 of
this Amendment No. 4, Viacom Inc., a Delaware corporation
("Viacom"), and Mr. Sumner M. Redstone became reporting
persons on the Statement.
Viacom has its principal office at 200 Elm Street,
Dedham, Massachusetts 02026. Viacom is a diversified
entertainment, publishing and communications company which
holds the common stock of Viacom International Inc., a
Delaware corporation engaged in the entertainment and
communications businesses, and Paramount Communications
Inc., a Delaware corporation engaged in the entertainment
and publishing businesses. As of July 31, 1994, approximately
85.2% of the Class A Common Stock, par value $.01 per share,
of Viacom ("Viacom Class A Common Stock") and 51.7% of the
Class B Common Stock, par value $.01 per share, of Viacom
("Viacom Class B Common Stock") was owned by National
Amusements, Inc., a Maryland corporation ("NAI").
NAI has its principal office at 200 Elm Street,
Dedham, Massachusetts 02026. NAI's principal businesses are
owning and operating movie theaters in the United States and
United Kingdom and holding common stock of Viacom. 91.7% of
the issued and outstanding shares of capital stock of NAI
are owned by Mr. Sumner Redstone, directly or as trustee of
various trusts.
Sumner M. Redstone is an individual whose business
address is c/o National Amusements, Inc., 200 Elm Street,
Dedham, Massachusetts 02026. Mr. Redstone's principal
occupation is Chairman of the Board, President and Chief
Executive Officer of NAI, 200 Elm Street, Dedham,
Massachusetts 02026; and Chairman of the Board of Viacom,
200 Elm Street, Dedham, Massachusetts 02026. Mr. Redstone
is a citizen of the United States.
The directors and executive officers of Viacom are
set forth on Schedule I attached hereto. Schedule I sets
forth the following information with respect to each such
person:
Page 6 of ___ Pages
(i) name;
(ii) business address (or residence address
where indicated); and
(iii) present principal occupation or employment
and the name, principal business and
address of any corporation or other
organization in which such employment is
conducted.
All of the directors and executive officers of
Viacom are citizens of the United States.
During the last five years, neither Viacom nor any
person named in Schedule I attached hereto (including Mr.
Redstone) has been (a) convicted in a criminal proceeding
(excluding traffic violations or similar misdemeanors) or
(b) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a
result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect
to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
-------------------------------------------------
Item 3 of the Statement is hereby amended and
supplemented as follows:
The shares of Common Stock the subject of the
Statement were previously beneficially owned by BEC, and are
beneficially owned by Viacom and Mr. Redstone as a result of
BEC's merger with and into Viacom (the "Merger") pursuant to
the Agreement and Plan of Merger, dated as of January 7,
1994, between Viacom and BEC, as amended as of June 15, 1994
(the "Merger Agreement"). Pursuant thereto, each share of
Common Stock (other than shares held by Viacom, BEC and, if
appraisal rights are available under the Delaware General
Corporation Law, those holders who have demanded and
perfected appraisal rights) has been cancelled and converted
into the right to receive (i) 0.08 of a share of Viacom
Class A Common Stock, (ii) 0.60615 of a share of Viacom
Class B Common Stock and (iii) up to an additional 0.13829
of a share of Viacom Class B Common Stock, with such number
of shares depending on market prices of Viacom Class B
Common Stock during the year following the effective time of
the Merger, evidenced by one variable common right of
Viacom. A copy of the press release issued by Viacom on
September 29, 1994, relating to the consummation of the
Merger, is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 5. Interest in Securities of the Issuer.
------------------------------------
Item 5 is hereby amended and supplemented as
follows:
The Supplemental Stock Option was cancelled on
September 29, 1994 simultaneously with the consummation of
the Merger.
Page 7 of ___ Pages
Item 7. Material to Be Filed as Exhibits.
--------------------------------
99.1 Press release issued by Viacom Inc. on September 29,
1994.
99.2 Limited Power of Attorney.
Page 8 of ___ Pages
Signature
---------
After reasonable inquiry and to the best of our
knowledge and belief, we certify that the information set
forth in this Statement is true, complete and correct.
October 4, 1994 BLOCKBUSTER DISCOVERY
INVESTMENT, INC.
By /s/ Thomas W. Hawkins
----------------------------
Name: Thomas W. Hawkins
Title: Sr. Vice President,
General Counsel and
Secretary
Page 9 of ___ Pages
Signature
---------
After reasonable inquiry and to the best of our
knowledge and belief, we certify that the information set
forth in this Statement is true, complete and correct.
October 4, 1994 BLOCKBUSTER AMUSEMENT
HOLDING CORPORATION
By /s/ Thomas W. Hawkins
----------------------------
Name: Thomas W. Hawkins
Title: Sr. Vice President,
General Counsel and
Secretary
Page 10 of ___ Pages
Signature
---------
After reasonable inquiry and to the best of our
knowledge and belief, we certify that the information set
forth in this Statement is true, complete and correct.
October 4, 1994 VIACOM INC.
By /s/ Philippe P. Dauman
----------------------------
Name: Philippe P. Dauman
Title: Executive Vice
President, General
Counsel, Chief
Administrative
Officer and
Secretary
Page 11 of ___ Pages
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.
October 4, 1994
*
------------------------------------
Sumner M. Redstone, Individually
*By /s/ Philippe P. Dauman
-----------------------------------------
Philippe P. Dauman
Attorney-in-Fact under the
Limited Power of Attorney filed
as Exhibit 99.2 to the Statement,
Amendment No. 4.
Page 12 of ___ Pages
Schedule I
Executive Officers
Name and Address
of Corporation or
Business or Principal Occupation Other Organization in
Name Residence Address or Employment Which Employed
---- ----------------- ------------- --------------
Sumner M. Redstone* Viacom Inc. Chairman of the Board National Amusements,
200 Elm Street of Viacom; Chairman of Inc.
Dedham, MA 02026 the Board and Viacom Inc.
President, Chief 200 Elm Street
Executive Officer of Dedham, MA 02026
NAI
Frank J. Biondi, Jr.* Viacom International President, Chief Viacom International
Inc. Executive Officer of Inc.
1515 Broadway Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
Raymond A. Boyce Viacom International Sr. VP, Corporate Viacom International
Inc. Relations of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Vaughn A. Clarke Viacom International Sr. VP, Treasurer of Viacom International
Inc. Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Philippe P. Dauman* Viacom International Executive VP, General Viacom International
Inc. Counsel, Chief Inc.
1515 Broadway Administrative Officer 1515 Broadway
New York, NY 10036 and Secretary of Viacom New York, NY 10036
Thomas E. Dooley Viacom International Executive VP, Finance, Viacom International
Inc. Corporate Development Inc.
1515 Broadway and Communications of 1515 Broadway
New York, NY 10036 Viacom New York, NY 10036
Michael D. Fricklas Viacom International Sr. VP, Deputy General Viacom International
Inc. Counsel of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Rudolph L. Hertlein Viacom International Sr. VP of Viacom Viacom International
Inc. Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Edward D. Horowitz Viacom International Sr. VP, Technology of Viacom International
Inc. Viacom; Chairman, Chief Inc.
1515 Broadway Executive Officer of 1515 Broadway
New York, NY 10036 New Media and New York, NY 10036
Interactive Television
____________________
* Director
Page 1
Name and Address
of Corporation or
Business or Principal Occupation Other Organization in
Name Residence Address or Employment Which Employed
---- ----------------- ------------- --------------
Kevin C. Lavan Viacom International Sr. VP, Controller and Viacom International
Inc. Chief Accounting Inc.
1515 Broadway Officer of Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
Henry Leingang Viacom International Sr. VP, Chief Viacom International
Inc. Information Officer of Inc.
1515 Broadway Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
William A. Roskin Viacom International Sr. VP, Human Resources Viacom International
Inc. and Administration of Inc.
1515 Broadway Viacom 1515 Broadway
New York, NY 10036 New York, NY 10036
George S. Smith, Jr. Viacom International Sr. VP, Chief Financial Viacom International
Inc. Officer of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Mark M. Weinstein Viacom International Sr. VP, Government Viacom International
Inc. Affairs of Viacom Inc.
1515 Broadway 1515 Broadway
New York, NY 10036 New York, NY 10036
Directors
Steven R. Berrard* Blockbuster President and Chief Blockbuster
Entertainment Executive Officer of Entertainment
Group the Blockbuster Group
One Blockbuster Plaza Entertainment Group One Blockbuster Plaza
Fort Lauderdale, FL Fort Lauderdale, FL
33301 33301
William C. Ferguson NYNEX Corporation Chairman of the Board NYNEX Corporation
335 Madison Avenue and Chief Executive 335 Madison Avenue
New York, NY 10017 Officer of NYNEX New York, NY 10017
H. Wayne Huizenga Blockbuster Vice Chairman of the Blockbuster
Entertainment Board of Viacom; Entertainment
Group Chairman of the Board Group
One Blockbuster Plaza of Huizenga Holdings, One Blockbuster Plaza
Fort Lauderdale, FL Inc.; Chairman of the Fort Lauderdale, FL
33301 Board of Spelling 33301
Entertainment Group
Inc.
George D. Johnson, Jr.* Blockbuster President -- Domestic Blockbuster
Entertainment Consumer Division of Entertainment
Group the Blockbuster Group
One Blockbuster Plaza Entertainment Group One Blockbuster Plaza
Fort Lauderdale, FL Fort Lauderdale, FL
33301 33301
Ken Miller CS First Boston Vice Chairman of CS CS First Boston
Park Avenue Plaza First Boston Park Avenue Plaza
55 East 52nd Street 55 East 52nd Street
New York, NY 10055 New York, NY 10055
Brent D. Redstone 31270 Eagle Crest Lane Self-Employed
Evergreen, CO 80439
[Residence]
- --------
* It is anticipated that the Board of Directors of Viacom will promptly
elect Messrs. Berrard and Johnson to the Board, as disclosed in the
Joint Proxy Statement/Prospectus of Viacom and BEC in connection with
the Merger.
Page 2
Name and Address
of Corporation or
Business or Principal Occupation Other Organization in
Name Residence Address or Employment Which Employed
---- ----------------- ------------- --------------
Frederic V. Salerno NYNEX Corporation Vice Chairman--Finance NYNEX Corporation
335 Madison Avenue and Business 335 Madison Avenue
New York, NY 10017 Development of NYNEX New York, NY 10017
William Schwartz Yeshiva University VP for Academic Affairs Yeshiva University
2495 Amsterdam Avenue (chief academic 2495 Amsterdam Avenue
New York, NY 10033 officer) of Yeshiva New York, NY 10033
University
Page 3
Exhibit Index
Exhibit No. Description Page No.
- ---------- ----------- --------
99.1 Press release issued by
Viacom Inc. on September 29, 1994.
99.2 Limited Power of Attorney