The Australian licence holder of franchised video chain Blockbuster has made a move to reassure the home market that its 320 strong store network is not affected by the US based brand’s financially poor results, and achieved 3.5 percent rental business growth in the 2009 calendar year.

Paul Uniacke, the managing director of the Franchise Entertainment Group (FEG) which owns and manages the Blockbuster brand under a 10-year licensing agreement, said “Blockbuster Australia continues to deliver strong revenue from itÕs millions of loyal home rental customers. The brand is well placed and continues to invest, innovate and grow in 2010.

“Blockbuster will be making some exciting announcements in the second quarter on how it will take home entertainment to the next level, delivering a wider range of choice and greater value to our customers.”

FEG is also the franchisor of EzyDVD and Video Ezy franchises, representing over 900 entertainment retail and rental businesses across Australia and New Zealand.