FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kurrikoff Thomas

2. Date of Event Requiring Statement (MM/DD/YYYY)
3/16/2010 

3. Issuer Name and Ticker or Trading Symbol

BLOCKBUSTER INC [BBI, BBI.B]

(Last)        (First)        (Middle)

1201 ELM ST.

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
SVP Finance /

(Street)

DALLAS, TX 75270       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Awards   12/20/2004   12/10/2014   Class A Common Stock   5565     (1) D  
 
Restricted Stock Awards   12/20/2005   12/20/2014   Class A Common Stock   40000     (2) D  
 
Restricted Stock Awards   5/5/2007   5/5/2017   Class A Common Stock   98436     (3) D  
 
Employee Stock Option (right-to-buy)   5/24/2007   5/24/2017   Class A Common Stock   85000     (4) D  
 

Explanation of Responses:
( 1)  The restricted stock award vests in three annual installments, beginning on December 20, 2004 in amounts and at exercise prices according to a vesting schedule.
( 2)  The restricted stock award vests in three annual installments, beginning on December 20, 2005 in amounts and at exercise prices according to a vesting schedule.
( 3)  The restricted stock award vests in three annual installments, beginning on May 5, 2007 in amounts and at exercise prices according to a vesting schedule.
( 4)  The options vest over a three-year period and will become exercisable on May 24, 2010 and each anniversary of May 24. The grant price is $4.36.

Remarks:
All of the options were granted pursuant to the 2004 Long Term Management Incentive Plan.

Attachment: Exhibit 24 - Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Kurrikoff Thomas
1201 ELM ST.
DALLAS, TX 75270


SVP Finance

Signatures
Rod McDonald, as attorney-in-fact for Thomas Kurrikoff 4/13/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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