Viacom had plans to cross market Discovery Zone with its other businesses, such as Nickelodeon, Paramount Pictures, and Showtime. īlockbuster Video, then a subsidiary of Viacom, took total management control of Discovery Zone in April 1995. At the same time, Blockbuster bought more shares of Discovery Zone giving it 50.1% of the stock. Under the leadership of then CEO Don Flynn, in July 1994, Discovery Zone bought 45 Leaps and Bounds stores from McDonald's for $111 million in stock and 57 franchised stores from Blockbuster Video for $91 million in stock bringing the total stores to almost 300. Discovery Zone filed for bankruptcy shortly after. He told numerous college students at the 1995 annual meeting how 'solid' an investment this would be. Sumner Redstone managed to shift the assets to Blockbuster and move operations to Chicago. In 1994, Discovery Zone merged its operations with Blockbuster Video and its (now former) parent Viacom. ĭiscovery Zone completed a successful IPO in June 1993 (led by Chris Bellios, Sam Jeremenko and Steven Noe) raising over $50 million. The stock rose 61% in the first day of trading. In June 1993, Discovery Zone raised $55 million (~$94.5 million in 2021) more when it went public on NASDAQ.

In April 1993, Blockbuster Video invested $10.3 million (~$17.7 million in 2021) into Discovery Zone to purchase 21% of the company.

A second location was added in Florence, Kentucky, at the Florence Mall on July 23, 2021.įounded in 1989, Discovery Zone grew quickly, opening 15 stores in 18 months. In 2020, a new center using the Discovery Zone name opened in the Cincinnati suburb of Union Township, Ohio it is not affiliated with the original company, but is heavily inspired by it. ĭiscovery Zone was also notable for being the first corporate sponsor of the PBS children’s program Sesame Street. An early investor in and vocal supporter of the company was tennis player Billie Jean King. David Schoenstadt founded Discovery Zone in 1989, with the first location opening in Kansas City, Missouri, in October 1989. A talking robot character named Z-Bop served as mascot to the chain. She is now pursuing her dream of reintroducing the “learn while you play” approach to childcare for all ages at Discovery Zone Kids.Discovery Zone ( DZ) was an American chain of entertainment facilities featuring games and elaborate indoor mazes designed for young children, including roller slides, climbing play structures, and ball pits. As an advocate for her pupils, Jayshri has been successful in obtaining several mini-grants for her students. During her career, Jayshri has been nominated for the Presidential Award in Teaching of Math and Sciences, as well as Who's Who of American Women, which featured her biography in the 2007-2008 edition. She holds a Master of Science degree along with a teaching certificate to teach all sciences. Soni was a certified science teacher in McCormick, South Carolina. She has served over 3,000 students through tutoring during those nine years.īefore her tenure in the tutoring business, Mrs. By offering her services in not only Georgia, but also in North Carolina, South Carolina, and California, Jayshri has been able to help children reach their maximum potential, and gain confidence in their education. Jayshri Soni has owned and operated a successful tutoring company, focusing on supplemental education services under the No Child Left Behind Act, for nine years. Our qualified, dedicated and certified teachers along with teacher-aides provide foundations for your child in language, literacy, math, science, art, music, physical development, and social concepts. Children under 13 are served under the daycare during the hours of 6:00 a.m. Discovery Zone Kids is registered in Georgia and opened its doors in October 2014.

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