COMPANY TOWN ANNEX

Viacom, Blockbuster Cancel Entertainment, Sports Complex: Viacom and its recently acquired Blockbuster Entertainment unit canceled plans for the $1.4-billion complex in south Florida, which had been personally championed by Blockbuster Chairman Wayne Huizenga and dubbed “Wayne’s World” by locals. Among the reasons the company cited for not going ahead with the five-year project: the significant management and financial resources required to finish it and the “uncertainty” involved in the regulatory process. Video rental giant Blockbuster announced in April it would build the 2,500-acre “Blockbuster Park.”.