In October 1989, fitness experts Al Fong and Ron Matsch opened Discovery Zone in Kansas City, Missouri.
1 Al Fong wanted to pry children away from TV sets and encourage physical fitness and interaction between kids and parents.
6 They sold the business and its 39, company-owned, locations to Donald Flynn in July 1992.
2 Then in April 1993, Blockbuster Entertainment Group, another company owned by Flynn, purchased a 20 percent stake in Discovery Zone
2, 5 Discovery Zone went public with 61 locations in June 1993.
1 In December 1993
Enchanted Castle merges with Discovery Zone Inc.
3 By 1994 Blockbuster Entertainment Group owned 49.9 percent of Discovery Zone.
2 In September 1994 they purchase Leaps & Bounds indoor play facilities from McDonald's Corp.
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Due to expanding so fast without the internal corporate structure to keep up, Discovery Zone did not have a profitable year till 1993. The following year, 1994, Discovery Zone posted a loss of $24.9 million and continued to post losses every following year.
2 In 1995 Donald Flynn sold Blockbuster Entertainment Group and Discovery Zone to Viacom.
5 Discovery Zone filed for Chapter 11 bankruptcy protection on March 25, 1996.
1 In 1999 Discovery Zone abruptly closes more than 100 locations and sold some of its assets, including name and logo, to CEC Entertainment Inc., the owners of
Chuck E Cheese.
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